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• China’s grid operators have also started to build energy storage stations using sodium-ion batteries in order to assist the grid absorb renewables.
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• One reason is that major Chinese battery makers such as CATL and Gotion have expanded their lithium-processing capacity, Zhang says.
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China has also boosted efforts in order to find and develop domestic lithium reserves. CATL launched its first-ever sodium-ion battery in July that yr, and the move «triggered high industry interest», says Phate Zhang, founder of the Shanghai-based EV news outlet CnEVPost. Lithium’s prices continued to soar in 2022, driving more cost-conscious Chinese companies towards sodium, he notes. Yadea and other companies, such as battery-swapping firm Dudu Huandian, have grown therefore rapidly in Shenzhen the city now aims to become a «battery-swapping city». Typically the city – which already has a «battery-swapping park» – will build a vast network of battery swapping facilities to enable residents to find a station every several minutes, the trade body says. Together With a unique blend of technology, transparency, and variety, Battery Gamble is not just another sportsbook; it’s a platform that is transforming how Indians engage with athletics wagering.