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EV prices set to fall as sodium-ion batteries near mass production

KATHMANDU: The price of electric vehicles (EVs) is expected to see a sharp decline within the next two to three years as costly lithium-ion batteries are set to be replaced by sodium-ion batteries. Experts, speaking at the ‘Sodium-Ion Battery Industry…
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CATL fuels global EV growth with new LFP and sodium-ion batteries

KATHMANDU: Chinese battery giant CATL is boosting its global electric vehicle (EV) market presence with two groundbreaking advancements in battery technology. At the IAA Munich auto show, the company unveiled its Shenxing Pro lithium iron phosphate (LFP) batteries, designed for…