The MIC M3 SR+ doesn’t use any cobalt for the batteries, freeing up the supply chain for Tesla’s upcoming 4680 cells that will be used in the 1,100-horsepower Model S Plaid and the Model Y built at Giga Berlin. Lithium iron phosphate is also cheaper than nickel manganese cobalt despite having a bit less energy density than NMC cells.
Tesla received approval from the Chinese Ministry of Industry and Information Technology for LFP in June 2020. The price of the Standard Range Plus has been lowered from 271,550 to 249,900 yuan thanks to the switch to lithium iron phosphate, translating to $40,455 and $37,230 at current exchange rates. In other words, Tesla is eyeing increased profit margins for every Model 3 sold with the battery cells.
Produced by CATL instead of long-term partner Panasonic, the LFP chemistry also happens to be a tad heavier than NMC batteries. For reference, the Model 3 for the U.S. market tips the scales at 3,627 pounds (1,645 kilograms) whereas the newcomer from China weighs 3,847 pounds (1,745 kilograms). Curious about the driving range?
Believe it or not, the WLTP rating for the Chinese version is 440 kilometers (273 miles) whereas the lithium-ion version from Fremont in California makes do with 430 kilometers (267 miles). It’s not a huge gain, but still, it’s pretty darn impressive given the increased weight. To whom it may concern, the MIC M3 SR+ can shoot to 100 kph (62 mph) in 5.6 seconds while top speed is limited at 225 kph (140 mph).
We now have the exact number of Europe-bound MIC Model 3s according to Chinese media. A massive shipment of 7000 Model 3s will depart Shanghai on Oct 27 & is expected to arrive in Europe at the end of Nov. Countries of destination include Germany, France, Italy, Switzerland, etc. pic.twitter.com/zfjavycvEW— Ray4️⃣Tesla⚡️🚘☀️🔋 (@ray4tesla) October 26, 2020