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Hyundai and Kia seek to cut LFP battery cost, reliance on China

Baua Electric

Instead of adding lithium to “precursor materials” like phosphate and iron sulfate, as in current LFP production, a new “direct synthesis” process would combine iron powder, phosphate, and lithium without the precursor step, Hyundai and Kia explained. LFP battery tech originated in the U.S. ,

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Hyundai and Kia launch new LFP battery project for lower-priced EVs

Baua Electric

Hyundai and Kia are teaming up to develop LFP battery materials to power up lower-priced EVs. Hyundai and Kia eye cheaper EVs with LFP battery tech Hyundai and Kia launched a new project to develop lithium iron phosphate battery cathode material for future EV models. According to SNE Research , China’s CATL accounted for 31.6%

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Hyundai capped off a record year with nearly 47,000 IONIQ 5 and IONIQ 6 EVs sold, while Kia sold almost 19,000 EV6 electric crossovers.

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Kia E-Niro electric car review

Drive Electric

The Kia e-Niro 64 kWh is a practical, family-friendly crossover with a 282-mile electric range and it’s one of the more affordable longer-range electric cars. A more affordable long-range EV option. Model/Engine size: Kia e-Niro 64 kWh. Kia E-Niro Design & Powertrain. What is the Kia E-Niro driving experience?

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Kia E-Niro electric car review

Drive Electric

The Kia e-Niro 64 kWh is a practical, family-friendly crossover with a 282-mile electric range and it’s one of the more affordable longer-range electric cars. A more affordable long-range EV option. Model/Engine size: Kia e-Niro 64 kWh. Kia E-Niro Design & Powertrain. What is the Kia E-Niro driving experience?

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Zero Carbon Emissions. Electric Vehicles are Affordable. News: Two EV Introduction Paths from Hyundai-Kia.

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Report: PHEVs will peak at 10% of global market in 2030

Baua Electric

However, that market share will likely peak at 10% of the global vehicle market in 2030, after which BNEF predicts sales will fall as battery price drop further and EVs become more affordable. 2025 Kia Sorento plug-in hybrid In the U.S., plug-in hybrid sales hit a record high in 2023, according to the Department of Energy.

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