Industry forum highlights sodium-ion’s high safety and low-cost advantages, with experts expecting scaled applications within the next three years.
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Zoolnasm recently completed its Series A2 financing round, bringing the total Series A financing amount to nearly RMB 300 million ($42 million).
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The energy storage station uses the latest high-capacity sodium-ion batteries with a top response speed six times faster than other existing sodium-ion batteries.
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CATL has showcased its latest innovations ahead of the Shanghai auto show, as it tries to push the "boundaries" even further.
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The energy density of the battery cells used in the solution exceeds 165 Wh/kg, and they can be charged to 100 percent in 20-25 minutes, Hina said.
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The program will last for four years, with a total lifecycle purchase value of about RMB 200 million ($28.1 million).
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The energy storage station can store 100,000 kWh of electricity on a single charge, which can meet the needs of around 12,000 households for a day.
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A 10-MWh sodium-ion battery energy storage station has been put into operation in Guangxi, southwest China, the country's first large-scale energy storage plant using sodium batteries.
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The joint venture is 51 percent owned by BYD's battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent.
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In a recent wide-ranging interview with CnEVPost, a CATL spokesperson talked about the company's overseas partnership model and its layout for new technologies.
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