mid concerns that the limited supply of raw materials like lithium needed to produce EV batteries won’t be able to meet rising demand, Chinese battery behemoth CATL in July unveiled a sodium-ion battery, the material for which can be cheaply extracted from seawater. The company, which is the world’s largest supplier of
batteries and works with automakers like Tesla and Volkswagen, plans to begin mass production by 2023.
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Great, the battery-powered industry has a bright future.👋
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