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Within 2024, Chinese language manufacturers announced plans in order to build 28 sodium-ion battery plants with a combined capacity associated with 180 GWh, according in order to Chinese language thinktank Gaogong Industrial Research, including BYD’s upcoming 30GWh plant in Xuzhou. «Their impact on the climate may be lower than that associated with lithium-ion batteries in the future.» Close To the period regarding the mineral’s price hike, the country imported roughly 80% regarding the lithium ore it refined, mainly from Australia and Brazilian. Sodium is widely dispersed in the sea and the Earth’s crust, making it about 4 hundred periods more abundant than lithium. Sodium-ion cells are therefore more accessible and potentially cheaper to produce at scale.
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Typically the Guangxi project was quickly followed simply by another sodium-ion energy storage internet site in central China’s Hubei province. Within fact, roughly one-fifth regarding the capacity of all energy storage projects planned by China’s state-run companies last yr used sodium technology, according in order to Chinese outlet Beijixing, which tracks the power industry. Although lead-acid batteries will continue in order to dominate this industry, the market share regarding sodium-ion batteries has been projected to grow rapidly over the next several years.