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This beats the $4.5bn (£3.4bn, $4.5bn) raised by all PEOPLE battery start-ups cumulatively simply by 2023 on non-lithium battery solutions, she says. When they are installed in fixed locations, the disadvantages of using sodium-ion batteries in vehicles disappear. “You can just make a slightly bigger energy storage plant. It’s not moving anywhere. The particular weight of the batteries doesn’t matter,” Combs says. Within 2024, China was shocked by simply a wave of battery fires, mostly triggered by simply the self-combustion associated with lithium-ion batteries in two-wheelers.

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