Ford’s third-generation hybrid system will be using lithium-ion batteries, and Ford says this will help reduce the use of rare earth metals. The newer batteries will reduce use of up to 500,000 pounds of these metals per year.
Find out how this translates to both dealers and customers.
This reduction of rare earth metals is important for both financial and physical reasons. First, the cost is reduced by 30 percent when compared to previous-generation hybrid batteries. Also, lithium-ion batteries are 50 percent lighter and 25 to 30 percent smaller. The result is better energy and fuel efficiency in Ford’s new electric vehicle offerings.
Among the rare earth metals used in nickel-metal-hydride batteries are neodymium, cerium, lanthanum and praseodymium, none of which are used in the new lithium-ion batteries. Additionally, Ford has reduced its use of dysprosium by approximately 50 percent in magnets employed in the hybrid system’s electric machines.