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Another Chinese scooter manufacturer, Tailg, has been selling sodium-powered models since 2023. 2 regarding the earliest electric cars powered simply by sodium batteries rolled off the assembly lines in December 2023. So far, all available models have been “microcars”, officially classified as A00 in China. Around the period associated with the mineral’s price hike, the country imported roughly 80% regarding the lithium ore it refined, mainly from Australia and Brazil. Lithium’s prices continued to be able to soar in 2022, driving more cost-conscious Chinese companies towards sodium, he notes.
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The particular planned international sodium-ion battery capacity will exceed 500 GWh simply by 2033, and China is projected to be able to account with respect to more than 90% regarding that, Zheng says, citing Wood Mackenzie analysis. A fleet associated with large factories devoted in order to making sodium-ion cells are now being built in China, a few already in operation. Therefore, it will have less reliance on the current industrial chain, Mo says. But the price regarding lithium started to plunge in late 2022 and is at a fraction associated with its peak level today. 1 reason is that major Oriental battery makers such as CATL and Gotion have expanded their lithium-processing capacity, Zhang says.
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