Sodium-ion batteries could revolutionize grid storage solutions. We examine the technology’s driving forces, recent advancements, and key investors.
Rechargeable batteries are used in everything from smartphones to electric vehicles to grid storage. The industry has been dominated by lithium-ion batteries for years, but they can be expensive and don’t work well in low or high temperatures.
Enter sodium-ion batteries.
They’re cheap to build, temperature-resilient, and could soon shake up the global energy storage market — which is projected to grow to $77B within the next 10 years.
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