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LG Chem and Sinopec partner to develop cheaper, more efficient sodium-ion battery materials.
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.
The October 30 agreement focuses on cathode and anode materials, leveraging sodium’s abundance to reduce reliance on scarce resources like lithium and cobalt.
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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LG Chem y Sinopec se han asociado para desarrollar materiales más baratos y eficientes para baterías de iones de sodio.