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InsideEVs
InsideEVs
Technology

Hyundai Said To Complete Development Of Cheaper LFP Batteries In Late 2024

China's dominance of the supply chain for battery materials is undisputed at the moment, but other countries are making efforts to break free from it. That's one of the main goals of the Inflation Reduction Act introduced in the United States last year, and it looks like South Korea is also working actively in this direction, including when it comes to lithium iron phosphate (LFP) batteries.

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