In September 2024, the sodium battery market performed lower-than-expected, with both shipments and prices appearing mediocre. Some enterprises faced financing difficulties, leading to a slowdown in the development of sodium battery projects. In contrast, cathode active materials and sodium battery cell enterprises were active, while the anode materials sector still lacked significant progress. Production side, the output of sodium cathode active materials and batteries showed a growth trend, while anode materials remained stable. In September, nearly twenty key projects were launched across various regions, with a total investment exceeding 13 billion yuan, an increase of about 30% compared to the previous month.