SMM January 9 News:
This week, the sodium-ion battery market exhibited a relatively stable trend. As the Chinese New Year approaches, market trading activities have slowed down, but this does not hinder the industry's optimistic outlook for the future development of sodium-ion batteries. Currently, the market's focus is primarily on the application potential of sodium-ion batteries in areas such as two-wheelers, start-stop power supplies, and ESS.
From a technical perspective, sodium-ion batteries outperform lithium batteries in terms of C-rate performance and performance in low-temperature environments, providing strong support for their future applications in specific fields. However, as an emerging technology, sodium-ion batteries still require time for further development and refinement.
Notably, it is expected that by 2025, with the gradual commissioning of production lines for sodium-ion battery anode and cathode materials, battery cells, and other supporting facilities, effective mass production could significantly reduce the cost of sodium-ion batteries. This will not only enhance their competitiveness but also better meet the market's demand for efficient and low-cost energy solutions.
SMM believes that although the sodium-ion battery market remains calm in the short term due to factors such as the Chinese New Year, its medium and long-term development prospects remain promising. Market participants are awaiting new opportunities after the holiday, expecting sodium-ion batteries to secure a place in the future energy sector.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Ying Xu 021-51666707
Disheng Feng 021-51666714
Yujun Liu 021-20707895
Yanlin Lü 021-20707875
