How Electric Powered Scooters Are Driving China’s Salt Battery Push

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Typically the planned international sodium-ion battery capacity will exceed five-hundred GWh simply by 2033, and China is projected in order to account regarding more than 90% of that, Zheng says, citing Wood Mackenzie analysis. A fleet of large factories devoted to be able to making sodium-ion cells are now being built in China, some already in operation. Therefore, it will have less reliance on the current industrial chain, Mo says. But the price associated with lithium started to plunge in late 2022 in addition to is at a fraction regarding its peak level today. One reason is that major Chinese language battery makers such as CATL and Gotion have expanded their lithium-processing capacity, Zhang says.

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