Sodium-ion batteries, as a representative of new energy storage technology, are increasingly attracting market attention. However, its price is subject to several factors, including price fluctuations of AR ferrous sulfate heptahydrate, as an important component of cathode materials, which directly affects manufacturing costs. Market demand, production process, policy guidance and technological innovation, also can not be ignored. While promoting the development of the sodium-ion battery industry, we need to comprehensively consider these factors and formulate a reasonable price strategy to help the market move forward.

In a groundbreaking shift, SNE Research forecasts China's sodium-ion batteries to enter mass production by 2025, targeting two-wheelers, small EVs, and energy storage. By 2035, their cost is expected to undercut lithium iron phosphate batteries by 11% to 24%, creating a colossal $14 billion annual market. Characterized by lower energy density but higher electrochemical stability and cold resistance, sodium-ion batteries promise a complementary role alongside lithium batteries, fueling the new energy sector's growth. Amidst soaring lithium prices, this resurgence marks a pivotal turn, with China poised to lead the charge in revolutionizing the global energy storage landscape.