A new study has revealed that a sodium-ion battery made by Chinese manufacturer Hina has achieved performance levels that are closer than expected to those of Tesla’s lithium-ion batteries. The findings have attracted attention because sodium-ion technology has long been viewed as a lower-cost alternative that still had a significant gap to close before competing with leading battery technologies.
As other firms like QuantumScape Corp. (NYSE: QS) race to commercialize solid-state batteries, Chinese firms are already opening up another frontier of competition in the battery segment by marketing sodium batteries. The future is likely to feature batteries of different chemistries serving different…
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