The Sodium-ion Battery Companies Quadrant provides an in-depth analysis of the global sodium-ion battery market, highlighting key players, technological advancements, and industry trends. This analysis evaluated over 140 companies, recognizing the top 15 leaders in the quadrant. Sodium-ion batteries offer a cost-effective, sustainable alternative to lithium-ion, leveraging abundant sodium resources. Ideal for stationary applications and emerging markets, these batteries present safety benefits and enhanced performance in cold weather. However, challenges such as lower energy density and developing supply chains limit widespread adoption. Major vendors like Faradion, CATL, and Tiamat Energy lead the market, focusing on partnerships, product innovation, and manufacturing expansion to drive growth in this promising energy storage sector.
Dublin, Aug. 14, 2025 (GLOBE NEWSWIRE) — The “Sodium-ion Battery – Company Evaluation Report, 2025” report has been added to ResearchAndMarkets.com’s offering.
The Sodium-ion Battery Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Sodiun-ion Battery. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and industry trends. The 360 Quadrants evaluated over 140 companies, of which the Top 15 Sodium-ion Battery Companies were categorized and recognized as the quadrant leaders.
A sodium-ion (Na-ion) battery is a type of rechargeable battery that functions by moving sodium ions between a cathode and an anode, similar to the rocking-chair mechanism of its lithium-ion counterpart. The critical distinction and primary advantage is its reliance on sodium, an element that is thousands of times more abundant in the Earth’s crust and oceans than lithium. This abundance makes sodium-ion technology a potentially much cheaper and more sustainable alternative for energy storage, free from the supply chain vulnerabilities and geopolitical tensions associated with lithium and cobalt mining.
The market for sodium-ion batteries is gaining significant momentum, driven by the intense global demand for cost-effective energy storage solutions. They are particularly well-suited for stationary applications, such as storing energy for power grids from solar or wind farms, where their lower energy density and heavier weight are less of a concern. The technology’s inherent safety benefits, including lower risk of thermal runaway, and superior performance in cold weather also make it an attractive option for affordable electric vehicles, e-scooters, and backup power systems in emerging markets.
However, the technology faces notable challenges that currently limit its widespread adoption. Sodium-ion batteries possess a lower energy density than mature lithium-ion technologies, meaning they are larger and heavier for the same amount of stored energy, making them less ideal for high-performance, long-range EVs. As a less mature technology, the manufacturing ecosystem and supply chains are still under development. Further research is required to improve their long-term cycle life and performance to compete directly across all segments currently dominated by lithium-ion.
Key Players:
Major vendors in the Sodiun-ion Battery market are Faradion, Contemporary Amperex Technology Co., Ltd., Tiamat Energy, HiNa Battery Technology Co., Ltd., and Jiangsu Zoolnasm Energy Technology Co., Ltd. The key strategies major vendors implement in the Sodiun-ion Battery market are partnerships, collaborations, product launches, and product enhancements.
Faradion
Faradion, a UK-based pioneer of sodium-ion battery technology, is now a crucial part of India’s Reliance Industries. The company holds a world-leading intellectual property portfolio for sodium-ion cells, offering a low-cost and sustainable alternative to lithium-ion. Strategically, Faradion is leveraging Reliance’s capital to establish large-scale manufacturing in India, aiming to power affordable electric vehicles and grid-level energy storage. By combining its cutting-edge British research with Indian manufacturing prowess, Faradion is poised to become a dominant force in the global push for accessible energy storage solutions.
Contemporary Amperex Technology Co., Ltd.
Contemporary Amperex Technology Co., Ltd. (CATL) is the world’s largest manufacturer of electric vehicle and energy storage batteries, dominating the global supply chain. The Chinese giant provides a vast portfolio of lithium-ion products to nearly every major automaker. Strategically, CATL is diversifying its technological base, having already commercialized its first-generation sodium-ion batteries for the low-cost EV market while investing in next-generation solid-state tech. Through massive global manufacturing expansion and securing raw material supply chains, CATL is reinforcing its unparalleled leadership and shaping the future of electrification worldwide.
Tiamat Energy
Tiamat Energy is a French pioneer in sodium-ion battery technology, emerging as a key European player in the alternative energy storage market. A spin-off from the French research network CNRS, Tiamat focuses on developing high-power sodium-ion cells, prioritizing fast charging, long cycle life, and safety. Its strategy targets industrial applications like power tools and hybrid vehicle starter batteries, where its technology offers a distinct advantage. By scaling up production at its new French gigafactory, Tiamat aims to secure Europe’s technological sovereignty and establish itself as a leader in high-power battery solutions.
Key Topics Covered:
1 Introduction
1.1 Market Definition
1.2 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Need for Cost-Effective Alternatives to Lithium-Ion Batteries
3.2.1.2 Increasing Demand for Sustainable Energy Storage Solutions
3.2.2 Restraints
3.2.2.1 Lower Energy Density Compared to Lithium-Ion Batteries
3.2.2.2 Limited Cycle Life of Sodium-Ion Batteries
3.2.3 Opportunities
3.2.3.1 Abundance of Sodium Resources
3.2.3.2 Innovation and Technological Advances in Sodium-Ion Batteries
3.2.4 Challenges
3.2.4.1 Limited Availability of High-Performance Materials for Sodium-Ion Batteries
3.2.4.2 Wide Applications of Lithium-Ion Batteries in Various Industries
3.2.4.3 Lack of Established Supply Chains
3.3 Porter’s Five Forces Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Buyers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitutes
3.3.5 Intensity of Competitive Rivalry
3.4 Supply Chain Analysis
3.5 Ecosystem
3.6 Technology Analysis
3.6.1 Key Technology
3.6.1.1 Alternative Anode Material
3.6.2 Adjacent Technology
3.6.2.1 Nanostructured Electrodes
3.7 Key Conferences and Events in 2024-2025
3.8 Patent Analysis
3.8.1 Methodology
3.8.2 Key Patents
4 Competitive Landscape
4.1 Introduction
4.2 Strategies Adopted by Key Players
4.3 Revenue Analysis
4.4 Market Share Analysis
4.4.1 Ranking of Key Market Players, 2024
4.4.2 Market Share of Key Players
4.4.2.1 Faradion (Uk)
4.4.2.2 Contemporary Amperex Technology Co., Ltd (China)
4.4.2.3 Tiamat Energy (France)
4.4.2.4 Hina Battery Technology Co., Ltd. (China)
4.4.2.5 Jiangsu Zoolnasm Energy Technology Co., Ltd. (China)
4.5 Brand/Product Comparison
4.5.1 Sodium-Ion Batteries by Faradion
4.5.2 Sodium-Ion Batteries by Contemporary Amperex Technology Co., Ltd.
4.5.3 Sodium Ion Batteries by Tiamat Energy
4.5.4 Sodium Ion Batteries by Hina Battery Technology Co., Ltd.
4.5.5 Sodium Ion Batteries by Jiangsu Zoolnasm Energy Technology Co., Ltd
4.6 Company Evaluation Matrix: Key Players, 2024
4.6.1 Stars
4.6.2 Emerging Leaders
4.6.3 Pervasive Players
4.6.4 Participants
4.6.5 Company Footprint
4.7 Company Evaluation Matrix: Startups/Smes, 2024
4.7.1 Progressive Companies
4.7.2 Responsive Companies
4.7.3 Dynamic Companies
4.7.4 Starting Blocks
4.7.5 Competitive Benchmarking
4.8 Valuation and Financial Metrics
4.9 Competitive Scenario and Trends
4.9.1 Product Launches
4.9.2 Deals
4.9.3 Expansions
5 Company Profiles