North Carolina is getting a $1.4B sodium-ion battery gigafactory
North Carolina is getting a $1.4B sodium-ion battery gigafactory
These will be useless for EV’s, but great for storage. They aren’t energy dense enough for what the EV market needs.
Samsungs solid state EV batteries are currently the only positive step towards EV replacement and production vehicles are set to start rolling out around 2027. They’re supposed to be lighter, last more cycles, charge faster, more energy dense, and safer than current EV liquid lithium batteries.
The sodium ion batteries will be great for large scale solar storage and house/business solar storage. They should let someone build a solar powered house that could continuously run completely off grid without needing to use lithium batteries that would need replaced every 10 to 15 years.
If they also see a lower price, they’ll be more interested.
And this doesn’t need to appeal to every car buyer, there’s a market for budget-friendly cars with a narrow use-case. 150 miles is plenty for a second car, and would probably not appeal to people looking for a primary car, whereas 250 miles kind of bridges that gap. Segment the market and it should do well.
Lower price and longer life.
50,000 complete cycles. That’s 136 years of complete empty to complete full. Most of these will outlast their mounting hardware.