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Transportation field: Although lithium-ion batteries are dominant in the field of electric vehicles at present, with the continuous progress of sodium-ion battery technology, they show great potential in low-cost electric vehicles, low-speed vehicles and as backup power sources. Especially in the cost-sensitive market, sodium ion batteries will strongly promote the popularization of electric vehicles.Consumer electronics: For consumer electronics products that pursue high cost performance, the low-cost characteristics of sodium ion batteries will greatly enhance their market competitiveness and meet the dual needs of consumers for long battery life and low price.

Transportation field: Although lithium-ion batteries are dominant in the field of electric vehicles at present, with the continuous progress of sodium-ion battery technology, they show great potential in low-cost electric vehicles, low-speed vehicles and as backup power sources. Especially in the cost-sensitive market, sodium ion batteries will strongly promote the popularization of electric vehicles.Industrial chain layout: Pawa shares know that in order to achieve long-term development in the field of sodium ion batteries, it is necessary to build a complete industrial chain ecology. Therefore, the company not only strengthened its investment in research and development of cathode materials, but also actively cooperated with upstream and downstream enterprises to promote the coordinated development of raw material supply, battery manufacturing and system integration, and accelerate the commercialization of sodium ion battery technology.Market application opportunities of sodium ion batteries

Abundant resources: Sodium is one of the most abundant elements on the earth, which exists widely in seawater and is almost inexhaustible. In contrast, lithium resources are relatively scarce and unevenly distributed, which limits the large-scale application of lithium-ion batteries. Sodium ion battery fundamentally solves the bottleneck problem of raw material supply.Low cost: Due to the abundant raw materials of sodium and the similarity between sodium ion battery and lithium ion battery in manufacturing process, with the maturity of technology and large-scale production, the production cost of sodium ion battery is expected to be significantly lower than that of lithium ion battery, which is particularly important for large-scale energy storage systems.Sodium ion battery: the "new favorite" of energy transformation