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2021 proved to be able to be a turning point regarding sodium-ion batteries. The particular worldwide prices regarding battery-grade lithium skyrocketed, multiplying over fourfold in a year due in order to strong demand regarding electric vehicles (EV) and the Covid-19 pandemic. Battery and EV manufacturers began to be able to look for alternatives. With Regard To two-wheelers, sodium-ion batteries’ main rivals are lead-acid ones, whose energy density and rechargeable cycles are even lower. Their only advantage is that they are cheaper than both sodium and lithium-ion batteries currently, Xi says. He says it remains in order to be seen whether sodium-ion batteries will really take off.

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China’s grid operators have also started to be able to build energy storage stations using sodium-ion batteries to be able to help the grid absorb renewables.

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The particular planned international sodium-ion battery capacity will exceed five-hundred GWh by 2033, and China is projected in order to account for more than 90% of that, Zheng says, citing Wood Mackenzie analysis.
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