Lithium gets most of the attention when it comes to battery technology, but its downstairs neighbor on the periodic table could eventually displace it.
Sodium-ion batteries are garnering attention as technological advancements suggest that, compared to lithium-ion batteries, they could achieve similar performance in a wider range of applications, all without the supply chain headaches. Rising demand for batteries has caused the price of lithium to skyrocket—it’s up nearly 450% compared with last year, according to S&P Global Commodity Insights.
Sodium, meanwhile, “has almost unlimited supply,” Jason Zhang, a pioneer in battery research and lead author of a recent DOE lab report on a sodium-battery breakthrough, told Emerging Tech Brew.
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.