UK battery maker Faradion has welcomed an announcement that lithium-ion battery giant Contemporary Amperex Technology (CATL) will begin making sodium-ion batteries from next month.
Faradion, which also makes sodium-ion batteries, said the decision underscores the importance of the technology as an integral part of a world beyond lithium.
Robin Zeng, the founder of Tesla's battery supplier CATL, reportedly made the announcement at a shareholder meeting.
A Faradion statement read: “This is a necessary transition: lithium-ion batteries used predominantly in EVs contain lithium, cobalt and copper, and in stationary energy storage lithium and copper. These are expensive raw materials and their mining leads to adverse environmental impacts. Lithium has also become constrained due to restricted availability and increased prices.
Faradion’s proprietary technology boasts performance of 150-160Wh/kg.
In May, UK institute The Faraday Institution released its report ‘Sodium-ion Batteries: Inexpensive and Sustainable Energy Storage’.
The report outlined sodium-ion batteries promising cost, safety, sustainability and performance advantages over commercialised lithium-ion batteries.
Key advantages include the use of widely available and inexpensive raw materials and a rapidly scalable technology based around existing lithium-ion production methods.