Sodium-Ion Battery Market is driven by Increasing Need for Affordable and Durable Alternative to Lithium-Ion Batteries
Sodium-ion batteries have a promising durability and lower cost compared to lithium-ion batteries making them a viable technological option for grid-scale and transportation energy storage solutions. The electrolyte is also less flammable than in lithium-ion batteries, offering higher safety. The Global Sodium-ion Battery Market is estimated to be valued at US$ 408.71 Mn in 2024 and is expected...
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