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China's Battery Giant Bets Big on Sodium as Lithium Volatility Persists

The world’s largest battery maker is taking a step back from the eclectic vehicles sector to refocus its efforts on energy storage.

Source OilPrice AI Summary Updated 3h 05m ago

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The world’s largest battery maker is taking a step back from the eclectic vehicles sector to refocus its efforts on energy storage. China’s Contemporary Amperex Technology Co. Ltd. (better known as CATL) has been building up its energy storage portfolio for years now, but the company’s transition away from EVs and toward energy systems has been supercharged…

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