BYD, the Chinese giant, has started construction of the largest salt battery factory in the world, located in Xuzhou, between Beijing and Shanghai, with a monumental investment of 1.2 billion euros
This mammoth facility, known as the Gigafactory, represents a milestone in the evolution of battery technology, as it will be entirely dedicated to the production of sodium ion batteries.
The BYD Gigafactory, with a production capacity of 30 GWh per year, will be the largest factory in the world specializing in this type of technology, which is gradually emerging on the market.
Sodium ion batteries, commonly called “salt” batteries, are gaining ground and are already available for some energy storage systems, as well as used in the first electric cars. In the future, these batteries will represent a valid alternative to the more common lithium-ion batteries, offering slightly lower performance but at lower costs. Hydrogen vehicles
The construction of this new factory is the result of collaboration between BYD, its subsidiary Findreams Battery and the electric tricycle company Huaihai. Initially, the sodium ion batteries produced will be intended for scooters and light quadricycles, but the future goal is to extend their use to cars too.
BYD is not the only player to focus on this innovative technology; other Chinese companies such as Jiangsu Zoolnasm and Hina are also investing in Gigafactory to produce sodium batteries.
CATL, the world’s leading battery manufacturer, together with Northvolt, a leading European company, are preparing to launch their versions of sodium-ion batteries on the market.
~Manjul Goswami