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CATL, BYD fast-track sodium-ion battery shift as lithium prices soar
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CarNewsChina.com
China’s battery industry is increasingly turning to sodium-ion technology as lithium prices rise and major manufacturers expand production and investment.
Sodium-ion batteries are chemically similar to lithium-ion batteries but use more abundant raw materials.
However, sodium-ion technology is being adopted more broadly, with several Chinese battery manufacturers investing in production capacity.
BYD has commissioned a 30 GWh sodium-ion battery line, while EVE Energy has launched a 1 billion-yuan (about 144 million USD) sodium-ion project, and Ronbay Technology has converted part of its lithium battery production to sodium-ion materials.
Industry observers suggest that 2026 could mark a period of accelerated commercialization for sodium-ion technology in China.