The rapid growth in the worldwide battery demand has accelerated the search for efficient, low cost, and sustainable batteries able to satisfy different markets, including portable electronics, the electrified mobility sector, and stationary applications. Several emerging battery technologies are considered to share the dominant position currently held by lithium-ion batteries (LIBs). Among them, owing to their conceivable lower costs and higher sustainabilities, sodium-ion batteries (SIBs) have the potential to dominate the future stationary storage market and to contribute to the electrified transport sector.
The growing interest in SIBs has been accelerated by the successes of several companies that have invested in the technology. Among others, it is worth mentioning several pioneering companies: Faradion (United Kingdom), recently acquired by the Indian Reliance, and now partnering with AMTE power on the development of upscaled sodium-ion cells.
AMTE Power plc (LON:AMTE) is a recognised brand in the production of high-quality lithium-ion batteries across a range of markets including automotive, aerospace, defence, oil & gas and energy storage.