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The advantages of sodium-ion batteries include the following:
Cost advantage: Sodium is one of the abundant resources on Earth, and its cost is lower compared to lithium, meaning that sodium-ion batteries can be more economical in mass production.
Abundant resources: The reserve of sodium is much larger than that of lithium, making sodium-ion batteries more sustainable in terms of material supply in the long run.
Environmentally friendly: The materials and production process of sodium-ion batteries have less environmental impact, are easy to recycle, and are more eco-friendly.
Thermal stability: Sodium-ion batteries typically show better stability at high temperatures, making them potentially safer for high-temperature applications.
Cycle life: Sodium-ion batteries demonstrate good cycle stability and potential for a long life.
Wide applicability: Sodium-ion batteries can work within a wide temperature range, including very cold or very hot environments.
Energy efficiency: The energy efficiency of sodium-ion batteries is gradually improving with technological advancements, and they can provide sufficient energy output and storage capacity in certain applications.
Although sodium-ion batteries may not have the energy density compared to lithium-ion batteries, the various advantages listed above make them have tremendous application potential in renewable energy storage, grid energy storage, and electric transportation vehicles. With ongoing research and development and the maturity of technology, sodium-ion batteries might become an important component of future energy storage solutions.