According to the IDTechEx report, Sodium-ion batteries are emerging as a cost-effective and safe complement to lithium-ion technology. With advantages in abundant and affordable materials, reduced supply chain risks, and high-power characteristics, they present a viable alternative. Despite lower current energy densities, ongoing advancements are anticipated. The report compares costs, revealing potential advantages. Sodium-ion chemistry is viewed as a complementary technology, well-suited to coexist with, rather than replace, existing and future lithium-ion technologies across various applications.
IDTechEX report highlights sodium-Ion batteries as a safe complement to lithium-Ion technology
Abundant materials and potential cost advantages make them a promising contender in the evolving battery landscape. Image credit: IDTechEX
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