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• “Lithium is pretty squarely back in the leadership role again within China.”

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Secure Payments

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China has also boosted efforts in order to find and develop domestic lithium reserves. Sodium is widely dispersed in the sea and the Earth’s crust, making it about 4 hundred occasions more abundant than lithium. Sodium-ion cells are therefore more accessible and potentially cheaper to produce at scale. They could also free the battery industry from choking points in current supply chains. Yadea and other companies, such as battery-swapping firm Dudu Huandian, have grown thus rapidly in Shenzhen the city now aims to become a “battery-swapping city”.