Further to your post, see information regarding sodium ion batteries and CATLs intended use below. The fast charging battery from what I have read will be used for LFP batteries so still using lithium as key technology. Tesla also is still using lithium ion in 2025 models for SUVs which is very important as in most advanced economies the SUV makes up typically 50% of all cars sold. I note that your sentiment has changed from held to not held, any reason why? I hope it wasn’t out of fear of this new technology? Interested to know?
A third innovation may further reduce costs, with CATL confirming it will begin manufacturing sodium batteries – instead of lithium – under the 'Naxtra' brand for FAW (First Auto Works) freight trucks from December 2025.FAW operates in cold climates in the north of China near Russia’s Siberia as well as Mongolia.While offering greater cold/hot weather resilience, maintaining as much as 90 per cent charge, sodium batteries can also withstand damage making them safer in an accident.They may also be a cost-effective replacement for lead-acid batteries used in internal combustion-powered cars and lithium-batteries in hybrid vehicles.Amid the ongoing tariffs between the United States (US) and China, the New York Times said almost all of the world’s naturally occurring deposits of soda ash needed to produce sodium-ion batteries are in the US state of Wyoming.Further to your post, see additional info below
WR1 Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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