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New Battery Storage Technologies Could Free Up More Lithium for EVs

Lithium-ion batteries at the LS Power Group Vista Energy Storage project in Vista, California, in January.

Lithium-ion batteries at the LS Power Group Vista Energy Storage project in Vista, California, in January.

Photographer: Bing Guan/Bloomberg
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Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond.

Hi folks, James Frith here again. This week I want to jump into a topic that BloombergNEF gets tons of questions on, and something that we regularly cover in our reports: Alternatives to lithium-ion batteries for stationary energy storage. Specifically, I want to look at sodium-ion batteries, a technology that some expect in the longterm could be used in EVs. More immediately, we see the technology being applied in the stationary storage industry.