Sodium-ion Battery

With battery costs rising sharply but vehicle prices rising at a limited rate, Niu needs to find ways to reduce costs, its CEO said.

The importance of developing new, low-cost energy storage devices is becoming increasingly important, and sodium-ion batteries are one of the most logical alternative solutions, said an executive at Country Garden's venture capital arm.

On July 29, CATL released its first-generation sodium-ion battery, saying that the energy density of a single cell has reached 160Wh/kg, which is the highest level in the world.

The MIIT will drive collaborative innovation in the industry, as well as in research institutions, to promote the full commercialization of sodium-ion batteries.

Baidu's car-making arm Jidu Auto could be one of the first users of Chinese power battery giant CATL's just-released sodium-ion batteries, with both sides aiming to complete the industrial upgrade by 2023, Tmtpost reported Friday.

Chinese power battery giant CATL unveiled its first-generation sodium-ion battery Thursday, marking the start of a new round of innovation in the industry. In the view of analysts, the battery cells will be used mainly in energy storage and two-wheeled vehicles.

CATL's next-generation sodium-ion battery will exceed 200Wh/kg energy density, the company said.

Analysts said that in an era of energy change, sodium-ion batteries are expected to gain adoption at an accelerated pace due to their clear advantages in terms of resource quantity and cost.

In an era of the energy revolution, sodium-ion batteries are expected to accelerate adoption due to their clear advantages in terms of resource quantity and cost.

Lithium-ion batteries are still the mainstream technology route for power batteries, and the application scenarios for sodium-ion batteries may mainly focus on energy storage, low-speed new energy vehicles, and small power fields.