Sheffield-based Faradion has developed a sodium-ion battery that looks and performs in the same way as a regular lithium-ion battery but is 30% cheaper

There was a surge in the sale of electric cars last year but the number leaving the forecourts is still dwarfed by traditional gas-guzzlers at a ratio of almost 50 to one. The high cost of the batteries that power the vehicles is a prime reason.

Sheffield-based Faradion believes it has found a solution – new battery technology, the development of which has been spearheaded in the UK.

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Source: The Guardian Circular Economy RSS