In a groundbreaking shift, SNE Research forecasts China's sodium-ion batteries to enter mass production by 2025, targeting two-wheelers, small EVs, and energy storage. By 2035, their cost is expected to undercut lithium iron phosphate batteries by 11% to 24%, creating a colossal $14 billion annual market. Characterized by lower energy density but higher electrochemical stability and cold resistance, sodium-ion batteries promise a complementary role alongside lithium batteries, fueling the new energy sector's growth. Amidst soaring lithium prices, this resurgence marks a pivotal turn, with China poised to lead the charge in revolutionizing the global energy storage landscape.
Operator: Good day, ladies and gentlemen. Thank you for standing by. And welcome to CBAT Energy Technology s Second Quarter and First Half 2023 Earnings Conference Call.
Operator: Good day, ladies and gentlemen. Thank you for standing by and welcome to the CBAK Energy Technology’s First Quarter 2023 Earnings Conference Call.
/PRNewswire/ CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy.
Dublin, July 26, 2022 (GLOBE NEWSWIRE) The "Asia Pacific Electric 3-Wheeler Market by End-use (Passenger & Load), Range (Upto 50 Miles & Above.