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tv   Transforming Business  Deutsche Welle  March 28, 2024 2:15pm-2:30pm CET

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the meantime, why don't you head type to our website w dot com for more use to know it's got office invalid for me on the team. thanks for the 1000000 people in what it's in just to 100 days. my power is going to be bunch of my family. what cute hours this age. i'm on a journey to find out about the russo the 19 are to put you on the side produce for to see through under my name is some way to shimmer. i'm a feeling mix sweet shaving history, documentary stuff, april 6th on dw, the words people have to say, yes to the that's why we listen.
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because every weekend on d w, the chinese electric cars are making headlines again because some of them are running on batteries made of salt. well, that's what's being reported, at least until now, lithium had it's been
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a key ingredient and e car batteries. but it's difficult. and expensive to obtain, but solves a case, sodium isn't. i really can see these headlines in front of me are sold in mind. batteries, the list, whom killer does china is headstart mean the rule the market again or do companies in europe stand a chance of competing welcome to this episode of transforming business the lives. ringback is an ultra light element that's become an integral part of battery technology, but it's relatively difficult and expensive to procure. extraction methods vary depending on where it comes from. the 3 biggest producers are australia, sheila and china. until now, china is by far the largest battery producer. we're going to need more battery capacity in the next few decades. not as far as smartphones, laptops and electric cars, but to store wind and solar energy,
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to market with probably the top of that. and do 2 of those, and that will be, it's probably times 5 more like this. martino shots as a professor for the chemistry of energy materials at the university of yeah, not germany relying on lithium alone won't cut it. the world will need every option available. and that's where sodium ion batteries come into the picture. so let's take a look at that element beneath the earth's crust and sodium is abundant, making up around 2.3 percent. it might not sound like much, but that's over $1000.00 times more. the amount of lithium found under the earth's crust. not only is it more readily available, but it's also cheaper. in early 2024 sodium carbonate was valued at approximately $290.00 per metric ton. battery grade, lithium carbonate was more than $13000.00 per metric ton. a lithium
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batteries, the precious materials like cobalt and nickel, to work with sodium doesn't. it's found everywhere. it's simply salt and not limited to a specific region. the. the world's largest battery manufacturer, chinese c a t l already went big on sodium ion technology in 2021. just 2 years later it was supplying chinese car maker sherry with salt batteries. and recently this e card type from j a c groups. the way it was in a spotlight report say that some of the cars from this model are powered by a sodium battery. this probably means that in some chinese cities, tiny salt power the cars are already in use that we weren't able to find any further information or figures on how many of them
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at the moment that i think china is leading to raise one should never give up but we have just technology small, little with as well. so i think, but now it's in china and we have to close to get. so what does that mean for the big lithium producers? she left olivia and argentina. they constitute what's known as the lithium triangle because together they own about 53 percent of lithium reserves world wide. does the invention of sodium batteries threaten their tours? we tend to compare list to my on and so do you mind technology as competitors? and i really can see these headlines in front of me are sodium ion battery is the list whom killer? this is alexander google. he's a battery cell development manager at old trust p and william work for a sweeter sodium ion battery start up located about an hours drive from stockholm, in a city called of sola. he tells us that his entry into the sodium ion by battery sector,
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started by accident during his post stock. we were producing, sorry, much blurred powder, that there was blue all over the walls and all over the sea and herds in the university was that i got set it off. here's how sodium ion batteries are made. first, this bright blue powder is made into a slurry and then coated onto aluminum foil. it's dried in a big machine like this one, and then compressed on the machine like this. the excess is trimmed away with a laser cutter. all these black squares are stuck together before going into a hermetically sealed glove box. here and we're electrolytes are added under controlled environment. then it's just a matter of testing the battery. one of the arguments for sodium on batteries is that they can cycle more, which means they can be used and recharged and use again. more than lithium ion battery is talking about the lifetime here we have to of course,
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also talk about in water applications. are they being used? for example, portable electronics, a person this very happy if you can charge and discharge your mobile phone for more than a 1000 times without using a lot of capacity. and what about cars? remember the headline that chinese e cars are powered by sodium ion batteries? can't the technology be scaled up with, with them on batteries? we have a great product market fit for especially electric vehicles. and this is also where we see that the so the mind that was will have a hard time, mainly because there isn't an inherently lower energy density to the technology. this is anthony as haas from a swedish firms north fault. a big lithium ion battery producer in europe. it works with all trys and sodium ion battery development and production, and wants to reach full scale production by the end of the decade. the hardest part about freight and you need to battery technology is actually not making one good battery in it. in the laboratory, it's to produce a 1000000 of those,
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including the supply chain of including the, the, the giga factors that you need to build. but why is china so far ahead? experts say that while europe has been researching sodium iron batteries for longer, china actually commercialize them earlier and got a head start of at least 3 or 4 years. one of the main hurdles they face is weight . they tend to be heavier than lithium ion batteries. the physical dimensions will be a little bit larger. and so these are the main drawbacks of the, of site in the service listing and it's the weight is the volume. the energy density is that for a little bit low, a competitor to lithium william estimates that they're about half as powerful as their lithium counterparts in terms of generating power. this is a problem for small cars, like those now used in china, put for bigger eaves, meant to drive longer distances. larger and heavier batteries are needed with a certain mind battery. so we think that 1st in the end of the storage system
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market where we have, you know, 20 foot containers that are basically just being placed next to renewable energy assets and substation. we're talking about stationary energy storage, battery driven industrial equipment such as warehouse machinery, forklift and so on. and while the production of sodium on batteries is slowly getting underway, the market for lithium ion batteries is booming. one estimate, what's the market value of sodium ion batteries at $920000000.00 us dollars by 2030. by comparison, lithium ion batteries is market value is expected to grow to over $270000000000.00 us dollars. we would probably, at least in the next 20 years, have looked at the situation that so many certified batteries are made. that lifting, i'd better reproduction is decreasing. maybe they all cruising to get. but the decline lift it in. but the reproduction at the moment is not on the boys in the
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loop. in the 2 technologies are similar. in many ways, something battery makers have realized. many lithium battery producers have started investing in sodium. i believe rather than viewing list of mine and sodium ion s competitors, it would be more accurate to see them as a part of a larger landscape and energy storage solutions. so what does china headstart mean for other companies trying to enter the market? can they compete? the fact is that china is a 4 runner in the production of electric vehicles and car batteries. and it's already begun commercializing sodium ion batteries. sodium is cheaper and available in larger quantities than lithium, but sodium on batteries are bigger and heavier. european companies are working on a viable product, but experts say that china is at least 3 to 4 years ahead. we will probably known
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a few decades how successful they were. and with our sodium ion batteries will dominate the market or be used along side lithium ones. what do you think? let us know when the comments the
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answer is a conflict zone with the best in here as the munich security conference i sent to you in security, i'm confident providing the politicians. alexa, so how's the world reached it's dangerous inflection point. my guess is we have the 2nd live experience of the highest and the levels in the us. nancy pelosi, well, who's next? on the delta v as phone is involved as a good reputation. gina,
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ask you all to own fields and pro russian transmit the separatist authorities that won't allow them to what their own feelings. the impact has been catastrophic. focus on europe and 60 minutes on d. w. the green innovations, super green and green turn the holy gray off electron mobility and green revolution global. so listen to all loud climate problems to fix your thoughts on the topics rest of those channels. we've got new videos every friday tried to plan. it's a dw 416 talk,
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3 and 5 every day, the world wide web for free. because we can take the different w call, the world unpack pulse out of your info and all the input your b, w story. now 12 old friends. mean friends, can nature defend itself in case of an emergency? we cannot guarantee that we could protect meaning. frankfurt. berlin sandwich faced with russia's war against duke. was grace's military alliance spaces, new threats. would it really close ranks? if it were a top european security basically depends to 90 percent from the us out
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to the hotel commentary stance. april 4th on dw, the, the fear of the munich security conference has plenty of security and conflict to worry the politicians the next. but so how's the world reach that dangerous inflection point? my guess this week has been the case of experience with the highest political levels in the us. she's california congress, woman and former speaker of the house of representatives, nancy pelosi and gaza. the us as one that israel has killed 5 to many palestinians, but is jerusalem listening. how will funding for ukraine clear the kind of luck in the us congress and this presence in 5.

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