[Industry News] Sodium-Ion Batteries Face Significant Barriers to Outperforming Lithium-Ion on Cost: Insights from Stanford Study 2025-02-08
In conclusion, while sodium-ion batteries have the potential to offer a cost-effective alternative in the future, they currently face significant challenges in competing with lithium-ion batteries, especially in terms of price. For sodium-ion technology to become a true contender in the energy storage market, it will require continued research, technological progress, and favorable market dynamics. It may take until the 2030s for sodium-ion batteries to achieve the cost parity needed to challenge the established dominance of lithium-ion solutions.
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