Future Of Battery Technology
Battery companies continue to explore alternatives to the dominant lithium-based chemistries. Last July, CATL revealed the first generation of its sodium-ion batteries for use across EVs and stationary storage, targeting a launch in 2023.
Although in its early days, the sodium-ion battery holds up well even in very cold climates and virtually eliminates the fire risk tied to lithium-ion batteries, CATL said.
Adamas Intelligence’s Kolesnikova expects sodium batteries to emerge as a viable alternative to lithium within two years.
DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. DGI is currently developing its products alongside a number of major manufacturers across the transportation and energy sectors, research institutions and the UK Government and has filed 18 patents worldwide.