RE: TESLA ENGINEERS INVESTING IN SODIUM ION STARTUP17 Nov 2023 10:00
From my link posted earlier:-
A new US start-up featuring two Tesla veterans is planning to challenge the dominance of lithium-ion batteries with its “safer” and “reliable” sodium-ion alternative that it claims could halve the cost of energy storage for generators such as wind and solar.
Peak Energy launched today saying it aims to roll out its sodium-ion batteries by 2025 and open a giga-scale manufacturing plant the following year.
Its launch follows a $10m funding round led by California-based Eclipse Ventures and strategic partner TDK Ventures.
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“Sodium-ion is the key to unlocking the potential of renewable energy and will finally enable power providers to fully decarbonise the grid,” claimed Peak Energy co-founder and CEO Landon Mossburg, who previously worked at US electric vehicle and storage giant Tesla and Swedish battery developer Northvolt.
“The timing could not be better to build a company in this space,” he said, adding Peak Energy already has “momentum with key customers and partners” like Israeli solar and energy storage developer Doral Energy.