Market Demand for Sodium-Ion Batteries - Global Market Analysis 2030

 

With increasing in concerns about availability of raw materials and higher cost of lithium-ion batteries, sodium-ion batteries (SIBs) owing to natural abundance, wide distribution, and low price of sodium resources have been considered as an ideal replacement for lithium-ion battery. The global battery market is detecting a shift from the development of lithium-ion batteries to sodium-ion batteries.

 

 

Figure 1 The total global sodium ion demand and the proportion of the Chinese market(GWh)

 

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