Energy transition: sodium-ion batteries. Salt is the new oil
There are already cars with sodium-ion batteries on the road. They are much more stable and 30–40% cheaper than LFP (lithium iron phosphate) batteries. Analysts at Morgan Stanley expect sodium-ion batteries to reach a 2% market share of total battery deployment by 2027, accelerating to 20% by 2030 and 37% by 2035. Morgan Stanley analysis MS explains that “In a world increasingly driven by AI and highly energy-intensive … sodium-ion…
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