Sodium-ion Battery companies

Key Sodium-Ion Battery Market Players:

Here is a list of key players operating in the global sodium-ion battery market:

• CATL (China)
• Company Overview
• Business Strategy
• Key Product Offerings
• Financial Performance
• Key Performance Indicators
• Risk Analysis
• Recent Development
• Regional Presence
• SWOT Analysis
• BYD Company Limited (China)
• HiNa Battery Technology Co., Ltd. (China)
• Faradion Limited (U.K.)
• Reliance New Energy (India)
• Altris AB (Sweden)
• AMTE Power PLC (U.K.)
• Tiamat SAS (France)
• NGK Insulators, Ltd. (Japan)
• Natron Energy Inc. (U.S.)
• BenAn Energy Tech (China)
• Northvolt AB (Sweden)
• Indi Energy (India)
• LionVolt (Netherlands)
• Aquion Energy (U.S.)
• Sumitomo Electric Industries, Ltd. (Japan)
• Samsung SDI (South Korea)
• LG Energy Solution (South Korea)
• Energy Renaissance (Australia)
• Malaysian Petrochemicals Association-backed consortium (Malaysia)
   

The international sodium-ion battery market is extremely competitive, with China readily dominating through HiNa, BYD, and CATL, while Europe has made advancements with Tiamat, Altris, and Faradion. Besides, in Japan, Sumitomo Electric and NGK have focused on progression, and U.S.-based firms, such as Aquion Energy and Natron Energy, have emphasized commercialization. Moreover, tactical approaches include mass production scaling, research and development partnerships, and government‑backed funding programs in India and South Korea. Further, in May 2025, Biwatt successfully introduced the 155 kWh sodium-ion battery energy storage systems for industrial and commercial consumers. This is considered safe than rival energy storage systems, since its cells are thermally inert, thereby not leading self-ignition, which in turn, is boosting the sodium-ion battery market globally.

Corporate Landscape of the Sodium-Ion Battery Market:

• CATL is an international leader in the sodium‑ion battery commercialization, having announced mass production plans and introduced its Naxtra sodium‑ion cells for EVs and stationary storage. The organization’s scale and supply‑chain integration make it the anchor player driving global adoption.
• BYD Company Limited is proactively exploring sodium‑ion technology as a suitable complement to its lithium‑ion portfolio, by targeting cost-effective electric vehicles and grid storage. Its robust and domestic market presence and government support have positioned it to accelerate sodium‑ion deployment, particularly in China.
• HiNa Battery Technology Co., Ltd., which is a spin‑off from the China-based Academy of Sciences, is one of the earliest sodium‑ion innovators that focuses on pilot production and stationary storage applications. The organization has readily deployed demonstration projects, demonstrating sodium‑ion’s safety and cost advantages.
• Faradion Limited constitutes a pioneering commercial sodium‑ion technology, emphasizing affordable, safe, and sustainable alternatives to lithium‑ion. Its acquisition by Reliance New Energy extended the international reach and manufacturing potential, especially in Asia.
• Reliance New Energy is scaling sodium‑ion technology in India through its acquisition of Faradion, aiming to localize production for EVs and grid storage. The company leverages India’s clean‑energy push and industrial policy to accelerate sodium‑ion adoption.