More and "better": Ford will introduce LFP batteries in the Mustang Mach-E this year

Ford recently announced that, already in 2023, it will equip its 100% electric cars with a new battery technology based on a different chemical composition than the one you currently use. It's all about batteries LFP (acronym for lithium-ferrophosphate) which, although it is true that they offer lower voltage and lower energy density compared to the traditional ones, they have many more pros than cons. The first model to equip them will be the Mustang Mach-E.

In essence, the LFP energy accumulators They are batteries that, like the usual ones, have a lithium salt base, but also base their operation on iron phosphate. They are safer, because they have a superior thermal stability, and its degradation is slower, so its life cycle is longer. In return, They do not withstand extreme cold very well and cannot store as much energy as the usual NMC (nickel, manganese and cobalt) at the same size. In his statement, the signature of the oval ensures the opposite, but this information is not very rigorous.

However, what Ford is most interested in about these new batteries for its BEV cars is that They do not require so many materials for their construction, among which are several very scarce and expensive minerals, but increasingly demanded by the sector. In this way, the North American brand aims to reduce manufacturing costs, be more competitive in terms of the price of their vehicles and become a company a little more independent from an industrial and logistical point of view.

This company says that is going to invest more than 3.000 million euros in the construction of an LFP battery plant in Michigan (United States) as part of its strategy to promote the development of electric mobility that, like all of them, it intends to lead in the medium term. It will start its activity in three years and will result, predictably, in a Cheaper Ford Mustang Mach-E or that generates greater benefits in the income statements of the corporation. It won't be your only product with LFP batteries in the future, though you wouldn't expect that to be the type of stack they use their cars with Volkswagen MEB platform.

" diversification and the location of Ford's battery supply chain in the regions where it makes electric cars improve availability and affordability for customers, while reinforcing consumer demand. The multinational works to reach a annual production of 600.000 BEV units worldwide by the end of this year and 2 million by the end of 2026”, they state.

Source - Ford