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This beats the $4.5bn (£3.4bn, $4.5bn) raised by simply all US battery start-ups cumulatively by 2023 on non-lithium battery solutions, she says. When they are installed in fixed locations, the disadvantages of using sodium-ion batteries in vehicles disappear. “A Person can simply make a slightly bigger energy storage plant. It’s not moving anywhere. Typically the weight of the batteries doesn’t matter,” Combs says. Inside 2024, China was shocked simply by a wave associated with battery fires, mostly triggered simply by the self-combustion of lithium-ion batteries in two-wheelers.

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• Applying sodium-ion batteries in energy storage stations also means that these facilities are not competing with car companies with view to batteries, she notes.
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Globally, fire risks at energy storage stations have become a concern. Within a recent example, a blaze broke out at one such facility inside a major battery plant in California in January 2025. Their fate has been intertwined with that of lithium-ion batteries. The research and development of both cells began about half a century ago, with Japan leading the worldwide effort. By then, China had become the dominant battery force globally through years of an industrial drive by the government.

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