NEW YORK - Jan. 23, 2023 - PRLog -- The cost analysis of sodium ion batteries proves it is most affordable at $40 per kWh for Na-ion versus Lithium batteries, Li-ion $137 per kWh. Therefore, it is expected that sodium ion batteries will replace Lithium batteries in most cases, including EVs.
A lower battery price will significantly decrease the price of EVs, projected average price $25k in 2030 writes James Dean @SCS. I project a consolidation to occur in the electric vehicle market, as prices drop steadily, acquisitions are certain, while other players will merge and form strong partnerships, as profit margin shrink among manufacturers.
And Lithium deposits on Earth are not adequate to drive the long-term clean energy goals, as Li + battery resources exist for only 2.5 Billion battery units, then all Lithium resources on Earth will be depleted. So, the sodium ion battery is the R & D path long-term writes James Dean @SCS.
While commercial clean energy derived from Nuclear Fusion is 15+ years away, requiring Tritium and Helium 3, both rare elements on Earth. Therefore, space exploration to mine elements is necessary. This will require continued significant investment in space technology.
Further, Hydrogen fuel cells require the catalyst, Platinum, an element which is 90% contained on Earth in South Africa and 10% in Russia. Hydrogen enables longer distance travel applications, so it's an optimal energy fuel option for larger commercial vehicles. Learn More Click Here https://www.socialcontentservice.com/post/sodium-ion-battery-clean-energy
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Sodium ion Battery Clean Energy Analysis
January 23, 2023 at 16:40 PM EST