A surprising breakthrough could help sodium-ion batteries rival lithium—and even turn seawater into drinking water. Scientists discovered that keeping water inside a key battery material, instead of removing it as traditionally done, dramatically boosts performance. The “wet” version stores nearly twice as much charge, charges faster, and remains stable for hundreds of cycles, placing it among the top-performing sodium battery materials ever reported.
Li-ion technology has huge factories behind it, so economies of scale apply here. The first Na-ion battery factories have just started, so everything is more expensive to manufacture on a small scale. However, the ingredients are cheaper and easily available. Once they ramp up production, we can make a fair comparison between the two.
I have a feeling LIBs are going to be more expensive, but they won’t disappear since high energy density is very handy in mobile applications like cars and phones. NIBs are probably going to end up being a lot cheaper, which should make them a popular option in all the less demanding applications, like grid energy storage, kitchen scales, and anything in between.