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America's First Sodium-Ion Battery Gigafactory Announced. Cost: $1.4 Billion
Sodium-ion batteries are cheaper than lithium-ion batteries — and they're also more environmentally friendly. And "In the past few years, sodium-ion battery production has increased in the United States," reports the Washington Post, with a new factory planned to manufacture them "in the same...
"It's unlikely sodium-ion could displace lithium-ion anytime soon," said Keith Beers, polymer science and materials chemistry principal engineer at technical consultancy firm Exponent... Jens Peters, an economics professor at the University of Alcalá in Madrid, said the energy density could be improved over time in sodium-ion batteries. Natron will invest nearly $1.4 billion in the factory "to meet the rapidly expanding demand for critical power, industrial and grid energy storage solutions," according to their announcement.
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