.jpg)
1 hour ago
2
Article content
(Bloomberg) — Contemporary Amperex Technology Co. Ltd. has launched a new sodium battery storage system, slated for initial delivery in China this September, as the battery giant aims to further ramp up sodium battery capacity amid growing energy storage needs from data centers.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Total shipments for the TENER system, designed for longer service life and better adaptability to extreme temperatures, will reach one gigawatt-hour by the end of this year, CATL said at an event in Munich on Monday. Global deliveries will begin in June 2027.
Article content
Article content
Article content
CATL unveiled technology in April that uses sodium as the key raw material in batteries, rather than the traditional lithium. It subsequently secured a three-year agreement to supply 60 gigawatt-hours of sodium-ion batteries to power equipment manufacturer Beijing HyperStrong Technology Co., its first strategic partnership using the technology.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
CATL aims to further expand its sodium battery capacity to cater to energy storage demand from data centers, said Yuqun “Robin” Zeng, the company’s chairman and chief executive officer.
Article content
“We want to scale up sodium battery,” and it will take three to five years to get to more than 100 gigawatt-hours a year, he said at the World Economic Forum in the Chinese city of Dalian on Tuesday. The company’s overall battery shipments could surpass 1,000 gigawatt-hours this year, up from 660 gigawatt-hours in 2025, Zeng said.
Article content
The developments underscore CATL’s dual-track strategy of advancing both lithium and sodium battery technologies. The strategic shift has gained momentum due a rebound in lithium carbonate spot prices this year, which has enhanced sodium batteries’ cost competitiveness.
Article content
Sodium also offers supply-chain advantages due to its global abundance, helping to reduce reliance on lithium imports. The International Energy Agency has said that 2026 “could prove to be a pivotal year” for sodium batteries, as the technology begins to challenge lithium-ion dominance and potentially capture a share of the market.
Article content
—With assistance from Linda Lew, Lili Pike and Wenshan Luo.
Article content
(Updates with comments from CATL chairman in 4th and 5th paragraphs.)
Article content
English (US)