3 Million Miles – How Sodium Batteries Are About to Crush Lithium. Will BYD and Toyota Survive? CATL, the world's leading battery manufacturer, has unveiled revolutionary sodium-ion batteries that promise to transform the electrical vehicle (EV) market. These game-changing batteries boast an energy density of 175 Wh/kg, surpassing lots of lithium iron phosphate batteries, consisting of BYD's Blade battery. This advancement enables EVs to attain a 500 km range, making sodium batteries a practical, cost-effective option to lithium. Unlike lithium batteries, sodium batteries require no scarce materials, possibly lowering costs by 30% and enabling ultra-affordable EVs, possibly as low as $5,000. Their resilience is unequaled, with a lifespan of 10,000 cycles, relating to 4.8 million kilometers– outlasting most lithium batteries. Security is another standout feature; rigorous tests, consisting of needle penetration and sawing, revealed no fires or explosions, a considerable benefit over lithium innovation. Additionally, these batteries excel in severe cold, preserving 93% capacity at -30 ° C and supporting highway speeds at 0% charge, a feat lithium batteries can not match. With 5C fast-charging abilities, they can provide fast recharges, improving EV usefulness. CATL's innovation has actually boosted its market capitalization to over $137 billion, reflecting its management in the market. These sodium batteries are set to disrupt lithium dominance, using much safer, more affordable, and more long lasting solutions for EVs and energy storage. This historic milestone could equalize electrical transportation, ease lithium supply chain concerns, and accelerate the worldwide shift to sustainable energy.
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