Leading energy battery producer CATL will start mass manufacturing of sodium-ion batteries for automobiles within the fourth quarter of this 12 months, in accordance to a report by 36Kr on April 20.
The report acknowledged that insiders revealed that CATL’s sodium-ion batteries might be put in within the first new automotive mannequin of Chery Automobile’s iCAR model and “will adopt a mixed scheme of sodium-ion and lithium-ion batteries”. The mannequin is predicted to be launched within the fourth quarter of this 12 months. In addition, CATL’s sodium-ion batteries may even be provided to Chery’s new power automobiles reminiscent of QQ Ice Cream and Little Ant.
A couple of days in the past, CATL introduced that its sodium-ion battery would debut on Chery fashions with each events launching a joint battery model masking M3P and Sodium-Ion Battery fields.
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According to the report by 36Kr, an insider from BYD stated that the agency’s self-developed sodium-ion battery may even enter mass manufacturing later this 12 months and it is going to be adopted within the Ocean sequence’ Seagull mannequin. The mannequin is priced between 78,800 yuan ($11467) and 95,800 yuan. BYD additionally plans to undertake a hybrid scheme of sodium-ion and lithium-ion batteries.
Due to the value surge in lithium final 12 months, top-tier corporations like BYD and CATL have accelerated their tempo in the direction of sodium-ion expertise. According to Huajin Securities, “Sodium-based materials cost about 30% -40% less than Lithium-based ones.” However, sodium-ion batteries can’t fully substitute lithium-ion ones due to disadvantages reminiscent of decrease power density in contrast with the latter.”
In addition, the value benefit of Sodium-based supplies appears troublesome to replicate because the value of Lithium has fallen sharply this 12 months, even falling under the crucial level of 200,000 yuan/ton.
BYD beforehand acknowledged that it could proceed to develop sodium-ion batteries if lithium costs stay above 200,000 yuan/ton. Some business insiders have stated: “Sodium-ion batteries are currently in a dilemma.”
Currently, the sodium-ion battery business chain remains to be in its preliminary stage and upstream expertise has not but been finalized with a number of technical instructions out there. As the business setting step by step matures, the commercial sample of sodium-ion batteries is step by step forming.
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