Faradion Ltd., a manufacturer of sodium-ion cells based in the UK, has said that it has begun exploring manufacturing presence in India. The manufacturer says that sodium-ion technology provides similar performance to conventional chemistries while replacing expensive materials such as cobalt and lithium with sodium. Faradion has bagged its first order from ICM Australia and suggests that sodium-ion battery technology with its superiority over lithium-ion batteries can revolutionise the automobile/mobility, storage and mobile sectors across the world.

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Source: Financial Express

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