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Sodium Battery Technology
They are targeting grid and stationary energy storage first and more affordable/entry-level EVs or low-speed vehicles and should be lower cost than iron LFP.
CATL's Naxtra reach ~175 Wh/kg energy density. Iron LFP jas 160–180 Wh/kg). Some Sodium ion prototypes near 200 Wh/kg. Cycle life often exceeds 10,000–15,000 cycles. They have strong cold-weather performance. Estimated 2026 cell pricing around $50–56/kWh. They have safety advantages include better thermal stability and lower fire risk
CATL has a 60 GWh multi-year sodium-ion deal for energy storage with HyperStrong and related partners. CATL has ~28 – 30 % market share. BYD is second place with near-term targets around 30–50 GWh/year. HiNa Battery Technology is third.