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Finishline42

(1,189 posts)
11. Personal example of what EV's are doing that ICE vehicles won't - GET CHEAPER
Fri Jun 26, 2026, 04:27 PM
Yesterday

I bought a 2021 Model Y, all wheel drive, extended range from Tesla in Dec 2023. Had 39,000 miles on it. Spent $37k

Today you can buy a similar Model Y for $30k. Mainly because of the advances in battery tech.

Ford's new Truck coming out in 2027 will start at $30k and use LFP batteries made under license from CATL.

LFT batteries?

An LFP battery is a Lithium Iron Phosphate (LiFePO4) rechargeable battery. Known for exceptional safety, longevity, and affordability, it uses iron and phosphate instead of expensive, conflict-prone materials like cobalt and nickel. It is widely used in electric vehicles and home solar storage.

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