Sodium-ion Battery Market The Sodium-ion Battery Market is predicted to grow to a valuation of US$ 22.07 billion by 2025. By 2032, this market is anticipated to reach US$
Lithium-ion (Li-ion) EV battery prices have decreased dramatically over the past few years, mainly due to the fall in prices of critical battery metals: Lithium, cobalt and nickel. For example, the price of cobalt has fallen from roughly $70,000
Do''s and don''ts for sodium-ion For the batteries to compete on price, specifically against a low-cost variant of the lithium-ion battery known as lithium-iron-phosphate, the study highlights
The report explores trends and forecasts across residential, commercial & industrial (C&I), and utility-scale battery segments, offering deep insights into Europe''s energy
Success will depend on achieving higher cell performance metrics. Systems-Level Success Industry leaders stress that success for battery technologies hinges on systems-level implementation. Though sodium-ion cell
Maybe you''re a project developer scrambling to lock in energy storage battery tender prices for 2025 before budgets tighten. Or perhaps you''re an engineer wondering if lithium-ion will still
Lithium-ion''s spectacular growth has exposed hard limits—price spikes for lithium and nickel, fire-safety worries, and a supply chain concentrated in just a few countries.
The lithium-ion battery industry continues to face unprecedented supply chain challenges in 2025. Recent data from Benchmark Mineral Intelligence shows lithium carbonate
The sodium-ion battery market is experiencing unprecedented momentum as industries worldwide seek sustainable, cost-effective alternatives to traditional lithium-ion
The lithium-ion battery industry continues to face unprecedented supply chain challenges in 2025. Recent data from Benchmark Mineral Intelligence shows lithium carbonate prices have increased by 28% year-to
The Sodium-ion Battery market is experiencing significant growth, driven by a rising demand as a sustainable alternative to Lithium-ion batteries. In 2024, the global market
The sodium ion battery market size exceeded USD 270.1 million in 2024 and is set to grow at a CAGR of 26.1% from 2025 to 2034, due to the rising demand for cost-effective sustainable
In a groundbreaking shift, SNE Research forecasts China''s sodium-ion batteries to enter mass production by 2025, targeting two-wheelers, small EVs, and energy storage. By
A new Stanford University study finds that there are several several key routes that sodium-ion battery developers can take to compete on price, specifically against a low
New York, December 10, 2024 – Battery prices saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour,
Sodium ion batteries are next-generation energy storage products. How do they stack up against lithium ion batteries, the longtime consumer favorite?
After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
Bottom line: With CATL''s Naxtra heading for mass production and more than 100 GWh of cumulative capacity now financed across three continents, sodium-ion is no longer
With costs fast declining, sodium-ion batteries look set to dominate the future of long duration energy storage, finds an AI-based analysis that predicts technological breakthroughs based on global patent data.
CATL, the world''s largest battery manufacturer, is making significant strides in Sodium-ion Battery technology. During an investor call on March 20, 2025, the company
This has intensified the search for alternative energy storage chemistries, with sodium-ion batteries (SIBs or Na-ion batteries) emerging as a
European Market Outlook for Battery Storage 2025-2029 7 May 2025 The report explores trends and forecasts across residential, commercial & industrial (C&I), and utility
The study also identifies market forces and supply chain conditions that could hurt sodium-ion''s competition with lithium-ion. For example, if lithium prices continue where they are today near historic lows, sodium-ion
Sodium-ion battery (SIB) technology can potentially address the concerns surrounding LIBs and emerge as an alternative BESS technology. SIBs benefit from limited reliance on critical
SMM brings you current and historical Sodium-ion Battery price tables and charts, and maintains daily Sodium-ion Battery price updates.
In a world shackled by the limitations of lithium-ion batteries — fraught with scarcity, ethical dilemmas, and soaring costs — a breakthrough emerges from the shadows. Researchers in India have unveiled a sodium-ion
It is reported that the total capacity of the sodium-ion battery energy storage system is 5 MW/20 MWh, with a tender price of 22 million yuan, equivalent to 1.1 yuan per Wh.
The first generation sodium ion are a bit cheaper than LFP but the volumes will not be worldchanging. However, the second generation sodium ion could reach $40 per kWh.
In Europe, Li-ion battery pack prices are around 163 €/kWh, which is 40 % higher than in China, where they are around 116 €/kWh. Anode and cathode active materials account for
Furthermore, if the price of lithium-ion batteries in China continue to drop in 2025, this will support battery energy storage systems becoming more profitable.
We compare projected sodium-ion and lithium-ion price trends across over 6,000 scenarios while varying Na-ion technology development roadmaps, supply chain scenarios, market penetration and
The sodium ion battery held around 22.1% share in 2024. The sodium ion battery market size exceeded USD 270.1 million in 2024 and is set to grow at a CAGR of 26.1% from 2025 to 2034, due to the rising demand for cost-effective sustainable solutions with reduced supply chain risk is set to boost the product adoption.
The global sodium ion battery market was valued at USD 270.1 Million in 2024 and is set to grow at a CAGR of 26.1% from 2025 to 2034. Rising demand for cost-effective sustainable solutions with reduced supply chain risk is set to boost product adoption.
The sodium-ion battery market is gaining significant traction as a sustainable and cost-effective alternative to lithium-ion technology. With sodium priced at $0.05 per kilogram compared to lithium's $15, sodium-ion batteries offer a 300-fold cost advantage in raw materials.
Some of the major players in the sodium ion battery industry include Altris, Broadbit Batteries, CATL, China BAK Battery, Farasis Energy, Faradion Limited, HiNa Battery Technology, Li-FUN Technology, Natron Energy, SVOLT, and Tiamat. How much sodium ion battery share captured by North America in 2024?
This company continues to progress in the development of sodium-ion batteries with the intent to increase energy density and market their solutions as substitutes for lithium-ion batteries. In December 2022, Svolt Energy unveiled its inaugural sodium-ion battery prototype, boasting an energy density of 100 Wh/kg.
In December 2024, the U.S. DOE, in collaboration with the LENS Consortium supervised by Argonne National Laboratory, has announced an investment of USD 50 million over 5 years to improve sodium ion battery technology.
