Sodium-ion batteries will take time to become cost-competitive
Sodium-ion batteries (NIBs) are an emerging battery technology, which, in many instances, could replace lithium-ion batteries (LIBs) without much change in configuration of manufacturing or use.
Ultimately, sodium-ion technology will progress to a point where it has a performance close to some current LIBs, such as those with lithium iron phosphate (LFP) chemistries. Importantly, it will offer this but at lower costs. Despite its worse energy density, these factors will combine to mean NIBs see mass penetration in battery energy stationary storage (BESS) and will also be used in some small and cheap electric vehicles (EVs).