Natron’s Closure Is Not the End for Sodium-Ion

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Natron Energy, a Santa Clara, California-based sodium-ion battery startup, ceased operation on 3 September due to funding issues. Just a year ago, the company made headlines for its plans to build a first-of-its-kind US $1.4 billion factory in North Carolina to manufacture up to 14 gigawatt-hours of sodium-ion batteries. While experts say Natron’s closure shouldn’t be taken as a harbinger for the rest of the emerging industry in the United States, they acknowledge that the West is behind China,…



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Natron’s Closure Is Not the End for Sodium-Ion


Natron Energy, a Santa Clara, California-based sodium-ion battery startup, ceased operation on 3 September due to funding issues. Just a year ago, the company made headlines for its plans to build a first-of-its-kind US $1.4 billion factory in North Carolina to manufacture up to 14 gigawatt-hours of sodium-ion batteries. While experts say Natron’s closure shouldn’t be taken as a harbinger for the rest of the emerging industry in the United States, they acknowledge that the West is behind China,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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