Sam Adham News Today

Why have lithium, nickel and cobalt markets slumped despite the demand for electric vehicles? And what happens next?

It's a mistake to assume the materials we use for batteries, magnets, and other high tech applications today, will still be the standard in 10 years. Batteries are a classic lesson in the impacts of technology on commodities. It's been said, the cure for high prices, is high prices. Never more true than today. Bloomberg:…

Sodium has yet to be used on a large scale, but that could be about to change—and China has the advantage.

(Bloomberg) -- Battery giants are starting to put their money on new sodium-based technology, a sign that there could be yet another shakeup in the industry that’s crucial for the energy transition.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Releases Second Group of Hostages Following DelaysRussia Suffers Heavy Drone Attack Including Strikes on MoscowHamas Says Next Hostage...

Battery giants are exploring sodium-based technology as an alternative to lithium, signaling a potential shift in the energy storage industry. Sodium, more abundant and cheaper than lithium, has not been widely used due to the superior range and performance of lithium cells. However, recent breakthroughs, including Swedens Northvolt AB and Chinas BYD Co. signing a deal for a $1.4 billion sodium-ion battery plant, suggest a growing interest in sodium technology.

Sodium — found in rock salts and brines around the globe — has the potential to make inroads into energy storage and electric vehicles because it’s cheaper and far more abundant than lithium, which currently dominates batteries.

Industry giants are pivoting towards sodium-based batteries, potentially reshaping energy storage. Sodium's abundance challenges lithium dominance, influencing future battery markets significantly.

Read this article on the ten key talking points among delegates at Fastmarkets’ Battery Raw Materials conference in Barcelona, Spain, September 20-21 including pricing transparency, regulations and lithium shortages threatening EV targets.

Read this article to understand the reasons European Battery Raw Materials 2022 is a must-attend conference. High prices and volatility coupled with greater demand for electric vehicles in Europe than ever before mean that market participants need clarity on the challenges that lie ahead.

MUNICH, Sept 22, September 2021; Reuters reported that battery power may be the frontrunner to become the car technology of the future, but don't rule out the underdog hydrogen. That's the view of some major automakers, including BMW (BMWG.DE) and Audi (VOWG_p.DE), which are developing hydrogen fuel-cell passenger vehicle prototypes alongside their fleets of battery cars as part of preparations to abandon fossil fuels.