Tesla in its paper on ‘Master Plan Part 3’ released this week said it will use LFP batteries for ‘short-range’ heavy electric trucks, Model 3 and Model Y, without giving a timeline
China dominates the production of iron-based batteries thanks to a series of key patents. But, these patents are expiring soon and Tesla hence plans to adopt LFP batteries in its fleet of standard-range vehicles globally and wants battery production closer to its factories