⚡Sodium ion battery startup Tiamat announced that it will establish a 5 GWh capacity factory in France.

🏭The company also managed to raise 22 million euros in investment in the last round led by #Stellantis. Tiamat’s second-generation sodium cells will be produced in the facility to be established.

🔋The sodium ion battery promises great potential as it can be charged at high speed, has a much longer lifespan compared to lithium-ion, does not lose range/performance in winter, and is much cheaper.

🟢 In addition to the cell with 140-160 Wh/kg energy density and 5C discharge value (full charge/discharge in 12 minutes), the French startup is developing another cell that can be charged in 6 minutes and maintain over 80% of its capacity even after 5,000 cycles.

🚗The sodium batteries that Tiamat will start producing in 2025 can be used in affordable Peugeot, Citroen, and Opel cars shortly.