Sodium-ion batteries approach cost parity with LFP

Automated excerpt

Sodium-ion batteries are approaching cell-level cost parity with LFP technology, with supply agreements exceeding 70 GWh worldwide. Sodium-ion batteries currently have higher upfront costs than LFP batteries. In July 2026, China reintroduced a consumption tax on lithium-ion batteries while exempting sodium-ion batteries until the end of 2028.

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