Korean carmaker Hyundai will likely launch its first electric model with lithium iron phosphate (LFP) batteries this year. Even more specific: the second-generation Kia Ray EV minivan will use LFP batteries made by CATL. According to The Elec, Hyundai will use the cell-to-pack technology, which CATL had already licensed to Hyundai Mobis in 2021. The […] More…