Like Tesla and BYD, Ford has been developing its own battery technology and announced significant progress with LMR (lithium manganese rich) batteries.

The American automaker has started test production at its Ion Park laboratory and plans to begin mass production by 2030. These batteries will enable Ford to offer cheaper, longer-range, and safer electric vehicles.

Discovered in the 1990s, this battery type with Li2MnO3 cathodes achieves much higher voltage levels, up to 4.3 volts, without relying on expensive materials like nickel and cobalt. It also offers significantly higher energy density than LFP batteries.

The main drawback of LMR batteries has been their limited lifespan. However, Ford’s recent laboratory work is believed to have overcome these longevity issues.