What does CATL’s sodium ion cell mean for the battery supply chain?

China's CATL has introduced its first-generation sodium ion battery technology, alongside its AB battery pack solution, during its online launch event Tech Zone.

The tier 1 battery producer is hoping the sodium ion cell technology can provide a sustainable alternative to the volatile raw material market that dictates the lithium ion battery industry.

According to CATL, the sodium ion battery has a similar working principle to a lithium ion battery but by utilising sodium as opposed to lithium it is a potentially lower cost alternative.

While specific details of its composition were not made available, CATL will use . . .

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