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—— Santiago Vidal
—— Sergei Milyoshin
—— Daniela Lange
The surge in lithium prices over the past three years has directly catalyzed the commercialization process of sodium ion batteries. At present, many frontline battery companies in China, such as BYD, Ningde Times, Funeng, Paineng Technology, Penghui Energy, and Zhongke Haina, have released sodium battery energy storage products and announced that they are planning or implementing the construction of GWh grade sodium ion battery production capacity; On the material side, frontline enterprises such as Betray, Rongbai Technology, and New Zebang have also publicly stated that they have achieved orders of over tons and are ready for mass production and supply.
On the one hand, lithium-ion battery industry chain enterprises are adding sodium ion batteries, and on the other hand, capital is also striving to seize the window period before the industrialization of sodium batteries, seeking to cultivate unicorns in the field of sodium batteries. According to the Energy Storage Industry Chain Investment and Financing Database of the Entropy Research Institute, there have been 22 start-up companies in the sodium ion battery industry chain that have received financing since 2023, with 6 companies in the financing amount range exceeding 100 million yuan and 9 companies in the tens of millions of yuan.