Ford is advancing its electric vehicle (EV) technology with a new lithium manganese-rich (LMR) battery chemistry expected by 2030. This innovation aims for substantial cost savings and enhanced driving ranges, addressing challenges with nickel and cobalt usage in batteries. Charles Poon, Ford's top EV engineer, emphasizes LMR's safety and stability advantages. Although LMR cells present some historical challenges like voltage attenuation, their potential for greater energy density and economic viability is seen as key to bringing Ford's EVs in line with gas-powered vehicles.
Ford is now already producing a second generation of these cells on a pilot line in Michigan.
The breakthrough was critical to achieving 'true cost parity' with gas-powered vehicles.
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