"We’re matching the performance of [lithium iron phosphate batteries] at roughly 30% lower total cost of ownership for the system." Mukesh Chatter, cofounder and CEO, Alsym Energy
"We’re matching the performance of [lithium iron phosphate batteries] at roughly 30% lower total cost of ownership for the system." Mukesh Chatter, cofounder and CEO, Alsym Energy
All of that vs lithium/sodium where you can incrementally install batteries and let it operate without much concern. Maybe some heaters if they are installed in especially cold climates.
Sodium batteries can operate down to -40C. There are very few places on Earth where they would need a heater.
Who in their right mind would pay 40% more to pick a dangerous and fussy product just because it's a bit smaller and lighter for their home?
But initial claim was “fraction of the cost, tomorrow” which is super incorrect.
What I'm opposing is flippantly relegating a new technology with real benfits, that the largest manufacturer of lithium batteries is significantly betting on, to the 0.01% of the market.
You say 0.01%, largest manufacturer of lithium batteries says 50%. If you meet half way it's still about 25% which is significant.
https://undecidedmf.com/why-the-biggest-battery-company-is-b...
Yes, eventually it might be 50%, but right now you can't even get _specs_ from CATL while LFPs are traded like commodity.
https://www.catl.com/en/news/6401.html
Are you sure you aren't the one blinded by hype?