Volkswagen ID.3 gains new LFP battery pack to keep up with cheaper EVs in China

Volkswagen is launching a new ID.3 model in China with an LFP battery pack as it looks to compete with lower-priced rivals. Chinese automakers like CATL and BYD dominate the LFP battery market, but VW hopes the new model can help spark sales in the world’s largest EV market.

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