Which companies are developing sodium-ion batteries?

As the global push for alternative battery technologies intensifies, Chinese cleantech leaders CATL, BYD, and Huawei are making significant strides in the development of sodium-ion batteries.

Are sodium-ion batteries real in China?

Sodium-ion batteries are real in China. BYD to build 30 GWh sodium battery plant BYD's battery plant, ilustrational image. Credit: BYD BYD signed a 10 billion yuan (1.4 billion USD) contract for a new battery plant in Xuzhou, a city about halfway between Beijing and Shanghai.

Which companies are deploying sodium-ion batteries in 2023?

At present, the background of companies deploying sodium-ion batteries is relatively diverse. Judging from the plans of various companies, many companies such as CATL, HiNa BATTERY, Transimage, Great Power, and Farasis have announced that they will enter the industrialization stage in 2023.

Why are Chinese OEMs developing a sodium-ion battery?

Chinese OEMs are ambitious on developing and producing sodium-ion battery, driven by the lower production costs and abundant reserve of sodium carbonate – the raw material to make sodium battery cathodes. “We’re forecasting that sodium-ion will make up 9% of global EV sales by 2033.

Who makes the first sodium ion battery?

HiNa BATTERY is at the forefront of the industry in mass production of sodium-ion batteries. On February 23, 2023, the industry's first sodium-ion battery test vehicle SOL E10X, built by HiNa BATTERY and SOL New Energy, was unveiled to the public. It is the first sodium-ion battery pack using cellular battery technology.

Where is the first sodium-ion battery plant in Xuzhou?

Turning the first sod of sodium-ion battery plant in Xuzhou. Credit: Xuzhou goverment BYD started constructing its first sodium-ion battery plant in Xuzhou, a city about halfway between Beijing and Shanghai. The investment into the project is 10 billion yuan (USD 1.4 billion), and the planned annual output capacity is 30 GWh.