They are better in every aspect, except they are slightly heavier. EVs would be cheaper, have better longevity and safety.

  • SericaClanB
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    1 year ago

    No, China actually do not own these patents, but the LFP patent was declared invalid in China a long time ago. The reason it was declared invalid is because the patent owners did not file the patent until much later in China (China is still a economic backwater around 2000) , and they packaged several patents into one very broad and expansive patent, which others challenged. As a result, companies can manufacture and sell LFP batteries in China without paying royalties to Quebec hydro, the patent owner, but they have to pay royalties to Quebec hydro if they sell it outside China, where the patents are valid.

    But back to the question of why European OEMs do not offer LFP batteries yet, it’s because they act slow, a lot of them have actually announced plans to use LFP batteries.