Study finds sodium-ion batteries match Tesla's lithium-ion performance at lower cost
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Summary
A new study from a German university shows that sodium-ion batteries, currently used in EVs and large-scale energy storage in China, match most performance parameters and production quality of Tesla's lithium-ion batteries. Since sodium is far more abundant and cheaper than lithium, this technology could significantly reduce raw material costs and supply chain risks for battery manufacturers.
Key quotes
· 2 pulledA new study shows that a low-cost sodium-ion battery currently used in cars and large-scale energy storage systems in China matches most performance parameters and production quality found in Tesla's lithium-ion batteries.
Since sodium is much more abundant and widely available than lithium, using it for batteries could cut raw material costs for manufacturers and reduce supply chain risks that surround critical minerals.
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