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Another Oriental scooter manufacturer, Tailg, has been selling sodium-powered models since 2023. A Couple Of of the earliest electric cars powered simply by sodium batteries rolled off the assembly lines in December 2023. So far, all available models have been “microcars”, officially classified as A00 in China. Around the moment associated with the mineral’s price hike, the nation imported roughly 80% regarding the lithium ore it refined, mainly from Australia and Brazilian. Lithium’s prices continued to be able to soar in 2022, driving more cost-conscious Chinese companies towards sodium, he notes.
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Typically the planned global sodium-ion battery capacity will exceed five-hundred GWh by simply 2033, and China is projected in order to account for more than 90% of that, Zheng says, citing Wood Mackenzie analysis. A fleet of large factories devoted in order to making sodium-ion cells are now being built in China, several already in operation. Therefore, it will have less reliance on the current industrial chain, Mo says. But the price of lithium started to be able to plunge in late 2022 plus is at a fraction of its peak level today. One reason is that major Oriental battery makers such as CATL and Gotion have expanded their lithium-processing capacity, Zhang says.
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