CNEVPost says CATL is in the process of developing and validating its M3P batteries with Tesla. Detailed analysis indicates that M3P brings better range that Iron LFP batteries for similar cost and 15% lower cost than nickel batteries.
M3P batteries are CATL’s batteries based on a new material system with higher energy density than lithium iron phosphate (LFP) batteries and lower cost than ternary batteries.
Nextbigfuture reported Jordan Giesige analysis of M3P.
Jordan is a very thorough researcher on the battery technology and processes for electric cars. He has the youtube channel the Limiting Factor.
Jordan’s conclusions:
* M3P is a variant of a Lithium Manganese Iron Phosphate battery. Iron LFP batteries have the most market share and are the lowest cost EV battery.
* M3P is slightly more expensive than LFP batteries but will have about 15% better performance.
* M3P will give cars about 10% more range than cars with LFP battery packs
* M3P can give cars the same range as nickel battery cars but at 15% lower cost for the battery pack
The gamechanging CATL M3P battery can lower the cost of versions of the Model 3 and Y by $3000 and versions of the Model S and X by $5000.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
Right now the Base model Y in USA is $42,990.
If they can lower the cost of a model Y to under $40K, it probably will remain the top selling car in the world.
not game charging, but a middle ground between LFP and nickel batteries. Gives more options so that is good.