LFP batteries conquer the world market
By equipping the basic version of the Tesla Model 3 with batteries, there is already a global order for CATL. The special feature of the current batteries, which have been in use since the end of 2021, is the composition of the cathode material. CATL supplies lithium iron phosphate cells for the manufacturer. They can be recognized by the abbreviation LFP, where the letter F stands for Ferrum (iron).