Quebec-based Sud-Chemie receives $75M to build world's largest lithium iron phosphate plant
The battery facility will employ at least 50 experienced technicians and plans call for the production of up to 2,500 metric tons of the LiFePO4 material per year, enough to power 50,000 EVs or about 500,000 hybrids. LiFePO4 is touted for its ability to safely accept a fast charge and, while it isn't currently used in any production vehicle, Sud-Chemie is getting ready for that to change soon.
[Source: Canadian Business]
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