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Consumer electronics: For consumer electronics products that pursue high cost performance, the low-cost characteristics of sodium ion batteries will greatly enhance their market competitiveness and meet the dual needs of consumers for long battery life and low price.Energy storage field: With the rapid development of renewable energy such as solar energy and wind energy, the demand for large-scale and long-term energy storage has surged. The low cost and high safety of sodium ion battery make it an ideal choice for large-scale energy storage system, especially in remote areas or weak power grid areas, which can effectively solve the problem of unbalanced power supply and demand.Market application opportunities of sodium ion batteries

Abundant resources: Sodium is one of the most abundant elements on the earth, which exists widely in seawater and is almost inexhaustible. In contrast, lithium resources are relatively scarce and unevenly distributed, which limits the large-scale application of lithium-ion batteries. Sodium ion battery fundamentally solves the bottleneck problem of raw material supply.Industrial chain layout: Pawa shares know that in order to achieve long-term development in the field of sodium ion batteries, it is necessary to build a complete industrial chain ecology. Therefore, the company not only strengthened its investment in research and development of cathode materials, but also actively cooperated with upstream and downstream enterprises to promote the coordinated development of raw material supply, battery manufacturing and system integration, and accelerate the commercialization of sodium ion battery technology.

With the increasing global attention to sustainable development and environmental protection, the application of clean energy and the innovation of energy storage technology have become the key to promote energy transformation. Among many energy storage technologies, sodium ion battery is gradually becoming the key force to build a new power system with its unique advantages. Compared with the widely used lithium-ion batteries, sodium-ion batteries show significant advantages in terms of resource richness, cost-effectiveness and safety, and bring brand-new solutions to the fields of energy storage and transportation.Pawa shares: a new era of sodium electricity, leading the future of new energy battery materials.Low cost: Due to the abundant raw materials of sodium and the similarity between sodium ion battery and lithium ion battery in manufacturing process, with the maturity of technology and large-scale production, the production cost of sodium ion battery is expected to be significantly lower than that of lithium ion battery, which is particularly important for large-scale energy storage systems.