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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.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.Market application opportunities of sodium ion batteries

Market prospect: With the acceleration of global energy transformation and the continuous maturity of sodium ion battery technology, Pawa shares are expected to occupy a place in the sodium ion battery market with its technical advantages and market layout. The company will not only benefit from the rapid growth of energy storage, transportation and other fields, but also be expected to lead the formulation of industry standards through technological innovation and become a leading enterprise in the field of new energy battery materials.Safe and reliable: Sodium ion battery has excellent thermal stability and chemical stability, which reduces the risk of fire and explosion, and provides higher security for application scenarios such as electric vehicles and energy storage power stations.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.

Transportation field: Although lithium-ion batteries are dominant in the field of electric vehicles at present, with the continuous progress of sodium-ion battery technology, they show great potential in low-cost electric vehicles, low-speed vehicles and as backup power sources. Especially in the cost-sensitive market, sodium ion batteries will strongly promote the popularization of electric vehicles.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.Transportation field: Although lithium-ion batteries are dominant in the field of electric vehicles at present, with the continuous progress of sodium-ion battery technology, they show great potential in low-cost electric vehicles, low-speed vehicles and as backup power sources. Especially in the cost-sensitive market, sodium ion batteries will strongly promote the popularization of electric vehicles.