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2. Market competition: With the rapid development of the sodium ion battery market, more and more enterprises will enter this field, and the market competition will be more intense. Pawa shares need continuous innovation and research and development to improve product quality and performance in order to stand out in the market.1. Low cost: The abundant sodium resources make the raw material cost of sodium ion batteries much lower than that of lithium ion batteries, which is of great significance for large-scale energy storage and transportation applications.First, the development prospect of sodium ion batteries

Challenge:As a new energy storage technology, sodium ion battery has a broad development prospect. First of all, sodium resources are abundant and widely distributed on the earth, mainly in the form of sodium chloride (salt), which makes the raw material cost of sodium ion batteries relatively low. Secondly, the sodium ion battery has little environmental impact in the manufacturing process, and it is easy to realize environmental protection recycling, which conforms to the concept of sustainable development. In addition, with the technical breakthrough and the realization of large-scale production, the performance of sodium ion batteries will be further improved and its commercialization process will be accelerated.3. Industrial and distributed energy storage: The demand for industrial and distributed energy storage systems is increasing gradually. These systems are usually used in micro-grids or enterprise parks, and need stable power supply to support production and daily operation. Sodium ion battery can be applied to some remote areas where it is difficult to access the power grid because of its good performance and high cost performance at low temperature.

Second, the advantages of sodium ion batteries over lithium ion batteries3. Strong temperature adaptability: The performance of sodium ion battery is excellent in low temperature environment, even in the low temperature environment of -20℃, its capacity retention rate can still reach above 88%, which makes sodium ion battery have obvious advantages in energy storage application in cold regions.1. Low cost: The abundant sodium resources make the raw material cost of sodium ion batteries much lower than that of lithium ion batteries, which is of great significance for large-scale energy storage and transportation applications.