The natural abundance of sodium could reduce the cost of manufacturing sodium-ion batteries. Most types of sodium-ion batteries do not require rare earth materials like nickel, copper, cobalt, and lithium in making. Overlooking all these factors, companies are now taking an interest in sodium-ion battery manufacturing which can be a better substitute for Lithium-ion batteries.Īnother major advantage of sodium-ion batteries is their ease of manufacturing. Sodium batteries use sodium ions (Na+) as charge carriers which sets them apart from Lithium-ion batteries. In terms of functionality, cell structure and operating principle, sodium-ion batteries (NIB) are nearly similar to commercial lithium-ion batteries (Li-on). Read More: Top 9 Lithium-ion Battery Manufacturers in India Not only are sodium-ion batteries cost-competitive, but they also have other advantages over Li-ion batteries, such as easy availability and eco-friendly. And, since Li-on batteries Cost 40-50% of an electric vehicle, it is believed that the price range of EVs can be reduced if sodium-ion batteries are manufactured on a large scale.
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