No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Investing

Britain’s battery industry could spark revival with local LFP production

by
August 2, 2024
in Investing
0
Britain’s battery industry could spark revival with local LFP production
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Britain’s battery industry, once in decline, could see a resurgence with the introduction of locally produced lithium iron phosphate (LFP), a critical component in electric vehicle (EV) batteries.

Behnam Hormozi, founder of Integrals Power, believes that producing a cleaner, higher-quality version of LFP in the UK could reduce dependence on Chinese imports and revitalise the domestic battery supply chain.

“These nanoparticles are so small that if you touch them without gloves, they’ll go straight into your fingers,” says Hormozi, holding a jar of black powder. This fine black dust, LFP, is essential for about 40% of electric cars sold last year, used to make cathodes where electrons flow from the anode. Despite its cost-effectiveness and abundance, LFP was initially overshadowed by nickel and cobalt batteries due to lower energy density. However, recent improvements have led to a resurgence in its popularity among carmakers, including Tesla.

Currently, over 90% of LFP is produced in China, causing concerns for Western carmakers about supply chain security. Hormozi aims to change this with Integrals Power, the UK’s first LFP supplier, which has just started operations at its production facility in Milton Keynes. Although the facility’s current output is modest, enough for only 250 cars a year, its goal is to showcase a cleaner production method and higher-quality material than that made in China.

Integrals Power plans to produce 10,000 tonnes of LFP annually by the end of the decade. Hormozi is optimistic about the UK’s potential to support a burgeoning battery industry, despite setbacks such as Britishvolt’s administration. He believes the main challenge for UK battery-cell manufacturers is sourcing materials, a gap Integrals Power aims to fill.

Signs of growth in the UK’s battery industry include Tata’s gigafactory in Somerset and potential projects by EVE Energy in Coventry. Labour has pledged £1.5 billion to support new facilities, while Integrals Power is seeking £40 million to £60 million in government funding for a £200-million production plant.

Hormozi emphasises the environmental benefits of their production method, which avoids the toxic practices used by many Chinese manufacturers. Instead of crushing metal compounds and releasing pollutants, Integrals Power dissolves pure lithium, iron, and phosphorus in water before heating to create a fine powder. This process enhances control over the powder’s atomic structure, increasing the energy density and range of EVs by 30%, with further improvements expected by adding manganese.

Hormozi argues that Western governments need to provide more subsidies and increase tariffs on Chinese companies to create a level playing field. While the EU and the US have imposed tariffs on Chinese car imports, the UK has maintained a 10% tariff. Hormozi believes stronger measures are needed to achieve net-zero goals sustainably.

“Net zero is a beautiful goal, but we can’t make it without subsidies and tariffs. Only then will we have a fair ground on which to compete,” Hormozi concludes.

Read more:
Britain’s battery industry could spark revival with local LFP production

Previous Post

Beau Bronzage Redefines Self-Tanning Standards in the Beauty Sector

Next Post

Ex-Military Dog Handler to Launch Training Business to Reduce Shelter Euthanasia Rates

Next Post

Ex-Military Dog Handler to Launch Training Business to Reduce Shelter Euthanasia Rates

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024

Last Day to Give in 2023!

December 31, 2023
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023

The Producer Price Index

September 9, 2023

“The Decline of Diesel Vans in the UK”

0

0

0

0

“The Decline of Diesel Vans in the UK”

June 1, 2025

Unlocking Potential: Maximizing Gains for XRP Holders in 2025 with Fash Hash Cloud Mining for a $5000 Daily Profit

June 1, 2025

The Southern Cause: What Led to Secession

May 31, 2025

“Our Marx”: The Great Herbert Spencer

May 31, 2025

Recent News

“The Decline of Diesel Vans in the UK”

June 1, 2025

Unlocking Potential: Maximizing Gains for XRP Holders in 2025 with Fash Hash Cloud Mining for a $5000 Daily Profit

June 1, 2025

The Southern Cause: What Led to Secession

May 31, 2025

“Our Marx”: The Great Herbert Spencer

May 31, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.