Zheng Quan Shi Bao·2025-09-15 23:55Core Insights - CATL's sodium-ion battery has received certification under new national standards, marking it as the first sodium-ion battery globally to achieve this certification [1] - The sodium-ion battery has a lower energy density compared to lithium-ion batteries but offers advantages in low-temperature performance, carbon footprint, and safety [1] - The battery's energy density is 175Wh/kg, with a cycle life exceeding 3000 cycles and a discharge efficiency of over 85% at -20°C [1] - The certification allows the sodium-ion battery to enter domestic and international energy storage and low-speed electric vehicle markets, addressing previous application limitations due to the lack of standards [1] - The Chinese sodium-ion battery market is projected to see significant growth, with shipments expected to exceed 1.5GWh in 2024 and 7GWh in 2025, reaching over 200GWh by 2030 [2] Company Developments - CATL is actively developing its sodium-ion battery for passenger vehicles, with progress reported as smooth [1] - Other companies in the sodium-ion battery sector include Guoxuan High-Tech, which has established a research center with Fudan University focusing on sodium-ion battery technology [3] - Xinwanda has launched ultra-low temperature sodium-ion batteries that meet the needs of various electric vehicle applications [3] Financial Performance - In the first half of 2025, CATL reported a net profit of 30.485 billion yuan, reflecting a 33.33% year-on-year increase [6] - Shenhuo Co. achieved revenue of 20.428 billion yuan, a 12.12% increase, but its net profit decreased by 16.62% due to falling coal sales [4] - Other notable companies include Haopeng Technology, which saw a net profit increase of 252.49%, and Guoxuan High-Tech, with a net profit growth exceeding 30% [4]