Published: Nov 7, 2023 09:46
Tianneng shares recently accepted investor research, the company believes that in the light electric vehicle market, lithium batteries do not have advantages in terms of applicability and safety compared to lead-acid batteries. In the past two years, lithium batteries have gradually withdrawn from the two-wheeler market, and the proportion of lithium battery products of vehicle enterprises is decreasing. Therefore, the company expects that lead-acid batteries will still dominate the electric light vehicle market in the future; sodium battery industry is in the middle test stage, industry incubation still needs a certain amount of time to realize, and due to the decline of lithium carbonate price, sodium battery does not have cost advantage. It is unlikely that sodium batteries will replace lead-acid batteries in the future, and it is expected that they will only replace the market share of lithium batteries in two-wheelers.

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