Accelerated application of sodium battery in vehicle field

According to the White Paper on the Development of China's Sodium Ion Battery Industry (2022) jointly issued by research institutions EVTank, Ivey Economic Research Institute and China Battery Industry Research Institute, the demand for sodium ion batteries is estimated based on various potential application scenarios. Theoretically, the market space of sodium ion batteries in 2026 can reach 369.5GWh with 100% penetration, and its theoretical market size may reach 150 billion yuan.