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Reading: No-Critical Mineral, Sodium-Ion Based Battery ready to Hit Market– Northvolt
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IQFine > News > EV News > No-Critical Mineral, Sodium-Ion Based Battery ready to Hit Market– Northvolt
Northvolt Sodium Ion Battery1
EV NewsTechnology

No-Critical Mineral, Sodium-Ion Based Battery ready to Hit Market– Northvolt

Surbhi Jain
Last updated: 2024/01/04 at 1:06 AM
Surbhi Jain Published December 26, 2023
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During, UN Climate Conference in Dubai, Northvolt CEO and Co-Founder Peter Carlesson shared the outlook of sodium-ion in a conversation with Anna Liberg, Global Head of Energy at Business Sweden. 

As there is lots of buzz in the battery market for technological development. The new advancement is by Europe based battery manufacturing company, Northvolt. The brand announced last month that it had developed a new electric vehicle battery without using critical minerals in it. 

This new development helps the brand for the expression of cost-efficient and sustainable energy storage systems worldwide.

Northvolt Sodium Ion Battery

Carlsson said, “The world has put high hopes on sodium-ion, and I’m very pleased to say that we’ve developed a technology that will enable its widespread deployment to accelerate the energy transition. It’s an important milestone for Northvolt’s market proposition, but battery technology like this is also crucial to reach global sustainability goals by making electrification more cost-efficient, sustainable and accessible worldwide.”

Northvolt has developed sodium-ion technology with its research partner Altiris. It claimed that Altris provided the foundation for Northvolt’s next-generation energy storage solutions. The website also mentioned The low cost and safety at high temperatures make the technology especially attractive for energy storage solutions in upcoming markets including India. The Middle East and Africa. 

One of the highlighting factors for focus is, the technology can be produced with locally sourced materials, opening a unique pathway for developing new regional battery manufacturing capacity thoroughly independent of traditional battery value chains.

Peter Carlsson concludes: “Our sodium-ion technology delivers the performance required to enable energy storage with longer duration than alternative battery chemistries, at a lower cost, thereby opening new pathways to deploying renewable power generation. The potential of sodium-ion in this market alone will make a tremendous impact in the drive towards global electrification.”

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