The company is focusing on developing ultra-high-capacity lithium iron phosphate (LFP) batteries for its upcoming low-cost Hyundai and Kia electric vehicles.
Is Hyundai developing ultra-high capacity LFP batteries for electric vehicles?
Korean Car Blog says that it learned from industry sources on October 13th that Hyundai Motor Group is collaborating with domestic battery partners to develop ultra-high capacity LFP batteries for electric vehicles. Currently, Chinese manufacturers supply lithium iron phosphate batteries with capacities in the mid to high 200 Wh/kg range.
What is Hyundai's lithium-ion polymer battery?
Hyundai's lithium-ion polymer battery. Hyundai Hyundai Motor is taking significant steps to solidify its position in the electric vehicle (EV) market. The company is focusing on developing ultra-high-capacity lithium iron phosphate (LFP) batteries for its upcoming low-cost Hyundai and Kia electric vehicles.
Will Hyundai develop 300 Wh/kg LFP batteries by 2025?
However, the company has revised its goal, and is now aiming to finalize the development of 300 Wh/kg LFP batteries by 2025. Hyundai Motor Group is directly involved in the battery design, while its partners handle the development process.
Which battery manufacturers are working with Hyundai Motor Group?
A Hyundai Motor Group official confirmed last fall that the company was working with domestic battery makers like LG Energy Solution, Samsung SDI, and SK On. Hyundai aims to maximize cell capacity, planning to develop LFP batteries with an energy density of around 300 Wh/kg by 2025.
Will Hyundai be able to use lithium iron phosphate batteries?
Currently, Chinese manufacturers supply lithium iron phosphate batteries with capacities in the mid to high 200 Wh/kg range. If Hyundai is able to achieve its goal, that will give it access to the most energy-dense LFP battery cells available for its electric cars.
When will Hyundai start developing lithium phosphate batteries?
Originally, Hyundai planned to complete the development of its lithium iron phosphate batteries between 2023 and 2024. However, the company has revised its goal, and is now aiming to finalize the development of 300 Wh/kg LFP batteries by 2025.