LG Chem, Sinopec to Jointly Develop Sodium-Ion Battery Materials
By Kwanwoo Jun
LG Chem and China's Sinopec Group are jointly developing materials for sodium-ion batteries, the South Korean chemical company said Tuesday.
LG Chem, the parent of battery maker LG Energy Solution, said it signed a pact on Oct. 30 with Sinopec to develop next-generation cathode and anode materials for sodium-ion cells.
Sodium-ion cells are seen as cheaper than the lithium-ion products that currently dominate the battery market, because raw materials for sodium-ion cells are easier to access, LG Chem said.
Sodium-ion cells are also seen to perform better than lithium-iron phosphate batteries--a type of lower-end lithium-ion products--at low temperatures, it said.
Write to Kwanwoo Jun at kwanwoo.jun@wsj.com
(END) Dow Jones Newswires
November 04, 2025 00:05 ET (05:05 GMT)
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