Automotive Power Sodium-ion
Battery Market
Automotive Power Sodium-ion Battery Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Automotive Power Sodium-ion Battery Market Size and Growth
The Automotive Power Sodium-ion Battery market is experiencing significant growth due to rising demand for sustainable energy storage solutions. In 2023, the market size is estimated to reach approximately $1.5 billion, driven by advancements in technology and increased adoption in electric vehicles, offering a competitive alternative to lithium-ion batteries.
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Companies Covered
(Covid 19 Impact Covered)
◍ Northvolt
◍ Aquion Energy
◍ Natron Energy
◍ Veken
◍ CATL
◍ AMTE Power
◍ Tiamat Energy
◍ Jiangsu ZOOLNASH
◍ Reliance Industries (Faradion)
◍ HiNa Battery Technology
◍ Li-FUN Technology
◍ Ben'an Energy
◍ Shanxi Huayang
◍ BYD
The Automotive Power Sodium-ion Battery Market features companies like Northvolt, Aquion Energy, and CATL, which innovate battery technologies. Their efforts in R&D and production scalability drive market growth. Notable revenue figures include CATL: ~$21 billion, BYD: ~$23 billion, and AMTE Power: ~$25 million, promoting advancements and adoption of sodium-ion solutions.
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Market Segmentation
By Application
BEV
PHEV
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By Product
Layered Oxide
Prussian
Polyanionic Compound
Market Growth
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$ X Billion USD
