Swedish Eco-Battery Could Break China Reliance

A Swedish firm claims it has made a low-cost, sustainable battery without using lithium, nickel, graphite or cobalt, in a breakthrough which could significantly reduce the world’s reliance on China, The Guardian reported.

Northvolt said its new battery has been designed for electricity storage plants but could in future be used in electric vehicles, such as two wheeled scooters, the report went on.

“Using sodium-ion technology is not new but we think this is the first product ever completely free from critical raw materials. It is a fundamental breakthrough,” said Patrik Andreasson, Northvolt’s vice-president of strategy and sustainability.

Read the full story: The Guardian

By Sean O’Meara

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.