China’s CATL launches new EV sodium battery

TDT | Shanghai

Email: mail@newsofbahrain.com

Chinese battery giant CATL launched yesterday a new sodium-ion battery it says will restructure the electric car industry, and a new system to combine two battery technologies into one car.

The firm produces more than a third of all electric vehicle (EV) batteries sold worldwide, working with major brands including Tesla, Mercedes-Benz, BMW and Volkswagen.

Sodium-ion batteries are viewed as a cheaper and in some respects safer alternative to the lithium-ion batteries which are widely used in both electronics and electric vehicles but pose a fire risk if damaged.

“We will achieve mass production by the end of the year. It will restructure the whole industry,” CATL’s chief marketing officer Luo Jian told a news conference in Shanghai on Monday