Electric vehicle battery
Rechargeable battery used for vehicles
Electric vehicle battery
An electric vehicle battery is a rechargeable battery used to power the electric motors of a battery electric vehicle (BEV) or hybrid electric vehicle (HEV). They are typically lithium-ion batteries that are designed for high power-to-weight ratio and energy density. Compared to liquid fuels, most current battery technologies have much lower specific energy. This increases the weight of vehicles or reduces their range. Li-NMC batteries using lithium nickel manganese cobalt oxides are the most common in EV. The lithium iron phosphate battery (LFP) is on the rise, reaching 41% global market share by capacity for BEVs in 2023. LFP batteries are heavier but cheaper and more sustainable. However, some commercial passenger car manufacturers are now beginning to use a sodium-ion battery completely avoiding the need for critical minerals. The battery makes up a significant portion of the cost and environmental impact of an electric vehicle. Growth in the industry has generated interest in securing...
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