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flag LG Chem and Sinopec partner to develop cheaper, more efficient sodium-ion battery materials.

flag LG Chem and China's Sinopec have signed a deal to co-develop sodium-ion battery materials, aiming to create a more affordable, low-temperature-performing alternative to lithium-ion batteries. flag The October 30 agreement focuses on cathode and anode materials, leveraging sodium’s abundance to reduce reliance on scarce resources like lithium and cobalt. flag The collaboration supports broader efforts to diversify global battery supply chains and advance next-generation energy storage and electric vehicle technologies.

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