EU Sodium Battery Investment

70B€ of frontloaded investment in batteries is required to meet peak European demand by 2023. In order to bridge the gap between investors and investees, EIT InnoEnergy has co-designed a Business Investment Platform (BIP) together with financial institutions – public and private – and several core industrial partners. - Download [PDF]

BUSINESS INVESTMENT PLATFORM

How the new EU Battery Fund can put Europe on the battery …

How the new EU Battery Fund can put Europe on the battery map (EurActiv, 16 Jul 2024) Europe is still running behind in the global scramble to secure the green supply chains of the future. China''s decades'' long planning and investment, and the US''s more recent surge of support, risk leaving our continent in the dust.

Sodium-ion Battery Market Size, Global Market Growth Analysis

The Sodium-ion Battery Market is expected to reach USD 166.54 million in 2024 and grow at a CAGR of 7.28% to reach USD 236.65 million by 2029. Faradion Limited, AMTE Power PLC, NGK Insulators Ltd, HiNa Battery Technology Co. Ltd., TIAMAT SAS, Contemporary Amperex Technology Co. Limited, Altris AB and Natron Energy Inc. are the major companies operating …

7 Companies Developing Sodium-Ion Battery …

Sodium-ion batteries (NIBs) are emerging as a pivotal technology in the ever-evolving energy landscape, reflecting a broader shift towards sustainable, efficient, and cost-effective energy storage solutions.

Uppsala Startup Altris Gains €13.2M to Propel Battery Innovation

Sodium-ion Battery developer Altris, based in Uppsala, has successfully raised €13.2 million in a Series B1 funding round, advancing battery technology.The funding welcomes new strategic investors, including Clarios and Maersk Growth, aiming to boost the commercial production of Altris'' innovative sodium-ion cathode material. Clarios and Maersk Growth join …

Northvolt''s Breakthrough: Seawater to Power Sodium-Ion Battery

European Sodium-Ion Battery Initiatives in 2024; The Hidden Chinese Battery: A Game-Changer in the Industry; ... Is Canada''s Investment in EV Battery Technology the Future''s Betamax? Prussian White: The Future of Sustainable Sodium-Ion Batteries? Sodium Ion Battery Market (2024-2030): A 11.7% Revenue Boom ...

$1.4 billion Sodium-Ion Battery Plant Brings Jobs to North Carolina

Sodium-ion battery plant set to open in Edgecombe County, creating 1,000 jobs and boosting the local economy. ... North Carolina''s Bold Investment in Sodium-Ion Batteries; $1.4 billion Sodium-Ion Battery Plant Brings Jobs to North Carolina; ... European Sodium-Ion Battery Initiatives in 2024; The Hidden Chinese Battery: A Game-Changer in the ...

Sodium-Ion Batteries: The Future of Cost-Effective Energy Storage

Sodium-Ion Batteries: A New Frontier in Energy Storage. Sodium-ion batteries have captured the spotlight due to recent advancements. The focus on sodium-ion technology is growing rapidly with major companies like BYD investing heavily. They are constructing a 30 GWh Sodium-ion Battery gigafactory. Meanwhile, companies such as Sodion Energy and TAILG …

Natron Invests $1.4 Billion in North Carolina Sodium-Ion Battery ...

Fast-Charging and Affordable Solid-State Sodium Battery Emerges; European Sodium-Ion Battery Initiatives in 2024; The Hidden Chinese Battery: A Game-Changer in the Industry; Team Develops First Anode-Free Sodium Solid-State Battery; World''s Largest Sodium-Ion Battery Powers 12,000 Homes; Clarios and Altris Partner for Low-Voltage …

Natron Energy Plans $1.4B Sodium-ion Battery Plant …

Nation''s First Sodium-Ion Battery Gigafactory Announced

Altris secures funding, strengthening Europe''s battery value chain …

Altris, a pioneering Swedish developer of sodium-ion battery technology, has reached significant milestones that are set to enhance the European battery value chain. With …

Building a European battery industry

The annual market value is estimated at €250 billion from 2025 onwards. For Europe, the establishment of a complete domestic battery value chain is imperative for a clean energy transition and a competitive industry.

Is Canada''s Investment in EV Battery Technology

Sodium-Ion Growth: US and China Boost Production

HOME | NAIMA project

NAIMA project will develop and validate a new generation of Sodium-ion (Na-ion) based batteries to unseat the current Li-based technologies, nowadays controlled by Asian industry. This disruptive technology is already supported by a solid …

Top Companies Leading the Sodium-Ion Battery Industry

Clarios and Altris Partner for Low-Voltage Sodium-Ion Battery …

Building a European battery industry

The European Commission launched the European Battery Alliance in October 2017 to address this industrial challenge. The annual market value is estimated at €250 billion from 2025 onwards. For Europe, the establishment of a complete domestic battery value chain is imperative for a clean energy transition and a competitive industry.

Sodium-Ion Batteries: TDK on Their Commercial Potential

Sodium-ion Battery technology is advancing rapidly, and according to TDK Ventures, it''s poised for large-scale commercialization. The managing director at TDK Ventures, Anil Achyuta, emphasized the significant progress made in Sodium-ion Battery energy storage systems (BESS).. Sodium-Ion BESS: A Game Changer. The Sodium-ion Battery technology …

Special report 15/2023: The EU s industrial policy on batteries

Battery production in the EU is projected to increase rapidly until 2030 but faces a looming shortage of raw materials. The EU''s battery production capacity may increase from 44 GWh in 2020 up to 1 200 GWh by 2030. The deployment of the projected battery production capacity …

The Quest for Superior Battery Technology

China''s Sodium-Ion Battery Breakthrough May Spark EV Revolution

China Pioneers Sodium-ion Battery Production. The EV industry is poised for transformation as China begins mass production of sodium-ion batteries. These batteries offer a more accessible alternative to Lithium-ion models due to the global abundance of sodium. Chinese companies are now leading the way, making this technology widely available.

Natron Energy Begins Sodium-Ion Battery Production …

European Sodium-Ion Battery Initiatives in 2024

European Sodium-ion Battery initiatives in 2024 are ushering in a new era of sustainable energy storage solutions. As the world faces increasing energy demands, Europe is making significant strides in Sodium-ion Battery …

US Startup Bedrock Enters Sodium-Ion Battery Market

Powering Europe''s Green Revolution: Paving the Way

Batteries Europe Secretariat is an EU-funded project that has received funding from the European Union''s Horizon Europe Research and Innovation Programme under Grant …

Stellantis Seeks New EV Battery Free From Sketchy Materials

One clue surfaced on January 12, when the Stellantis Ventures arm of Stellantis signaled its interest in sodium-ion battery technology with a strategic investment in the French EV battery firm ...

Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery ...

Tiamat was one of 11 top-performing technology start-ups honored with a Stellantis Ventures Award in 2023, and is the first company in the world to have recently commercialized a sodium-ion technology in an electrified product. The investment supports Stellantis'' mission to provide clean, safe and affordable mobility to customers around the ...

Safe sodium-ion batteries shine in renewables and …

To solve these problems, the EU-funded NAIMA project has brought promising sodium (Na)-ion battery technology, an LIB alternative, out of the lab and into industry in two highly successful and timely use cases: …

Peak Energy Secures $55M for U.S. Sodium-Ion Battery Production

Sodium-ion Startup Peak Energy Closes Series A, …

The funds will support their goal of piloting sodium-ion (Na-ion) battery production by 2025, with an aim for mass production by 2027. Groundbreaking Sodium-Ion Technology Peak Energy claims to be the first …

Using sodium to develop rechargeable batteries may bolster the EU…

The European battery market could be worth as much as €250 billion a year as of 2025. Europe aims to increase its share of global battery-cell production to as high as 25% this decade from 3% in 2018, chipping away at Asia''s 85% dominance. ... The project also helped partners move forward with a type of sodium-ion battery for renewable-energy ...

Cygni and HiNa Introduce Sodium-ion Energy Solutions for India

Sodium-ion energy solutions are emerging as a significant player in India''s energy storage landscape. Cygni Energy Private Limited, based in Hyderabad, is partnering with HiNa to develop Sodium-ion Battery storage solutions tailored specifically for the Indian market. This collaboration promises a less costly, safer alternative to Lithium-ion batteries.

Natron Energy Plans $1.4B Sodium-ion Battery Plant in North …

European Sodium-Ion Battery Initiatives in 2024; The Hidden Chinese Battery: A Game-Changer in the Industry; ... Natron Energy''s new factory in North Carolina represents a significant investment in Sodium-ion Battery technology. The company will spend nearly $1.4 billion to build this facility in Rocky Mount, marking its first U.S. venture ...

Northvolt''s battery breakthrough — and the big quest to ...

Northvolt is using a material called Prussian White in its sodium-ion battery. By using Altris''s cathode material Fennac – composed of iron, nitrogen, sodium and carbon — Northvolt is set to create a battery without any of the highly in-demand finite materials like cobalt, nickel, lithium, manganese and graphite. ... green investment firm ...