Chinese EV maker JAC has showcased the world’s first electric vehicle (EV) that is powered by a cheaper sodium-ion battery which could help reduce the cost of future EVs by 10 per cent, the media reported on Friday.
Sodium-ion batteries use cheaper raw materials and can offer EV makers an alternative to existing technologies that rely on lithium and cobalt as the main ingredients.
The sodium-ion battery was developed by Beijing-based startup Hina Battery Technologies, reports South China Morning Post.
The JAC EV is fitted with a 25 kilowatt-hour (kWh) battery that can go as far as 250 kms on a single charge, Hina said in a statement.
