While the performance of lithium batteries has increased tremendously, there’s still room for improvement to lower cost, increase sustainability and maximise their impact on decarbonisation, says Marcos Ierides, consultant and materials expert at innovation consultancy Bax & Company.
BASF is using NGK Insulators’ sodium sulfur batteries as its entry point into the energy market, with the German chemical company signing up as a sales partner to the Japanese manufacturer.
Over the next five years, a US$50 million pot will be invested to promote a sustainable supply chain for lithium, graphite and the other minerals and metals