ALERT 🚨 !!! Tesla Partner CATL Just Introduced A FIRST GEN HYPER EFFICIENT Sodium-Ion Battery!!

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Move over Tesla, the competition just got real with CATL, Contemporary Amperex Technology Co. Ltd. The world's largest battery supplier just launched a sodium ion battery. If you’re wondering what’s so important about that? Well, the sodium-ion battery is much more cost-effective and performance worthy than the lithium-ion batteries manufactured by Tesla. The irony of it all is CATL is Tesla’s biggest supplier.

CATL chose its Tech Zone online launch event to make the all-important announcement introducing the world’s first ever first-generation Sodium-ion battery including an AB solution that can integrate both sodium-ion and lithium-ion cells into one pack. CATL based in Ningde, China is the world’s largest battery maker with a market value of almost $200 billion and holds nearly 30% of the market alone. It has been ranked by SNE Research in South Korea as the leader of global energy usage in EVs in 2021.  While CATL says the development is not intended to overtake traditional lithium-ion batteries, it also revealed it has plans to set up a supply chain for the new technology in 2023.

CATL takes its work seriously. The company is in direct competition with the likes of Japan Panasonic Corp and South Korea's LG Chem. It employs over 5,000 researchers, and is also in the process of developing other technologies to integrate battery cells directly onto an electric vehicle's frame to extend its driving range. CATL ‘s main customers are Tesla, Geely and Volkswagen AG.

The launching of the world’s first sodium-ion battery will be a game changer that will directly impact the electric vehicle industry. Of course, this means cheaper EV’s but what is the Sodium-ion battery? Sodium-ion batteries are an alternative option to lithium-ion cells that Tesla uses in all its vehicles and do not contain lithium, cobalt or nickel. The energy density of CATL’s sodium-ion battery can achieve 160 watt-hours per kilogram but this is well below the industry standard for lithium-ion cells. However, CATL claims its battery can reach an 80% state of charge at room temperature in 15 minutes. However, one big advantage is that these sodium-ion cells have a capacity retention rate of over 90% in a low temperature environment below zero. This would benefit EV drivers at high elevations or in areas with harsh winters.

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