Nov 10, 2026 - Why GM and CATL Are Betting On a More Expensive Battery
Why GM Just Bet $71M on Sodium Batteries. Sodium ion batteries were supposed to be the cheap alternative to lithium ion batteries. Then lithium prices crashed 90%, and the price advantage vanished. Battery makers kept going anyway. CATL expects up to 20,000 vehicles with its sodium ion batteries this year, and General Motors is backing Peak Energy`s $71 million factory for grid energy storage. A few videos back, I predicted why the big players would double down. I only got half of it right. So is sodium-ion actually ready to win without a price edge? Or is cheap salt power just a promise that keeps getting pushed back?
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