CATL secures major order for sodium-ion batteries in China
CATL, a global battery manufacturer, announced a substantial supply contract providing 60 GWh of sodium-ion batteries to Beijing HyperStrong Technology. This deal marks a significant milestone in commercializing these emerging battery technologies amid high global power infrastructure demand.
Contemporary Amperex Technology Ltd (CATL) has taken a leap forward in commercialising sodium-ion batteries, signing a large supply contract with an energy-storage system (ESS) provider amid high demand for power infrastructure after the global oil shock. The worldβs largest electric vehicle (EV) and ESS battery maker announced on Monday that it would deliver 60 gigawatt-hours (GWh) of sodium-ion batteries to Beijing HyperStrong Technology over three years in a landmark deal for the new battery....