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    Home » World’s First E-Car with Sodium-Ion Battery Launched

    World’s First E-Car with Sodium-Ion Battery Launched

    aishwaryaBy aishwaryaFebruary 25, 2023 Battery 2 Mins Read
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    Chinese electric vehicle manufacturer, JAC has exhibited world’s first electric vehicle (EV) that is powered by a sodium-ion battery which could help reduce the cost of future EVs by 10 percent.

    Sodium-Ion Battery Sodium-ion batteries use cheaper raw materials and can offer EV makers an alternative to existing technologies that rely on lithium and cobalt as the main ingredients.

    The sodium-ion battery was developed by Beijing-based startup Hina Battery Technologies.

    The JAC EV is fitted with a 25 kilowatt-hour (kWh) battery that can go as far as 250 kms on a single charge, Hina said in a statement.

    “A surge in lithium carbonate prices last year made many battery manufacturers and downstream users face ever-rising cost pressures,” Hina said.

    “Therefore, sodium-ion batteries offering better cost-performance, high safety as well as excellent cycle performance, have been widely expected as the most promising alternative to lithium-ion batteries.”

    Sodium-ion batteries have lower density than their lithium-ion counterparts. These batteries have advantages such as low-temperature performance and charging speed.

    Hina, founded in 2017, engages in the development and commercialization of sodium-ion batteries.

    Meanwhile, Chinese electric carmaker BYD is expanding operations overseas, setting a unit sales target for 2023 to overtake Elon Musk-run Tesla.

    Operating in more than 40 nations, BYD plans to sell nearly two million EVs this year, including in Japan and countries in Southeast Asia and Europe, according to a report.

    In December last year, BYD Auto remained the global market leader, shipping more than 5,37,000 EV units — an increase of 197 per cent (on-year).

    The global electric vehicle (EV) charging revenue is likely to exceed $300 billion by 2027, up from $66 billion in 2023, a report said.

    According to a research, the total number of plug-in vehicles will surpass 137 million globally by 2027, up from 49 million in 2023.

    battery manufacturers BYD Auto charging speed commercialization EV charging revenue JAC news Sodium-ion batteries
    aishwarya

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