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CATL launched its first-ever sodium-ion battery in July that yr, and the move “triggered large industry interest”, says Phate Zhang, founder of the Shanghai-based EV news outlet CnEVPost. Lithium’s prices continued to soar in 2022, driving more cost-conscious Chinese sky247 magic win 12bet companies towards sodium, he notes. The particular worldwide prices regarding battery-grade lithium skyrocketed, multiplying over fourfold in a 12 months due to strong demand regarding electrical vehicles (EV) and the Covid-19 pandemic. Typically the main difference is the ions they employ – the particles shuttling back again and forth between a battery’s positive and negative sides to store and release energy.
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