Mass-Produced Sodium Battery EV Hit the Market by JAC Motors

(image: the paper)

HiNa Battery and JAC Motors have made a breakthrough in the EV industry with the launch of their first sodium-ion battery-equipped EV, Huaxianzi (Flower Fairy), on December 27, 2023.

This innovative EV, powered by HiNa Battery’s 12Ah 33140 sodium-ion cylindrical cells, is set to revolutionize the market. The sodium-ion batteries in these EVs, which following the technological path of the copper-based layered metal oxides and hard carbon as cathode, deliver exceptional performance in low-temperature conditions of -20℃ and have an impressive charging C rate.

As of January 2024, JAC Motors has initiated the batch delivery of these cutting-edge vehicles to customers, marking a new era in sustainable transportation.

(image: the paper)

In February 2023, a spotlight was cast on a test vehicle making its first appearance at the Second National Sodium Battery Symposium. The management team, in a media interview, projected a year-end launch for this innovative vehicle.

After months of meticulous preparation, the sodium-powered electric vehicle made its mark in the Ministry of Industry and Information Technology’s Road Motor Vehicle Manufacturer and Product Announcement Catalog in October.

The announcement shows that the range of this model is 252 kilometers, the fast charging time is 15 to 20 minutes, and the market guide price is 78,900 to 89,900 RMB. The battery pack capacity is 25kWh, with an energy density of 140Wh/kg. By December, this groundbreaking vehicle had officially commenced production.

(image: the paper)

HiNa Battery has been a pioneer in advancing the industrialization of sodium-ion batteries. The launch of their mass-produced sodium-electric vehicles is not just a first in the global automotive industry, but also a significant milestone in HiNa’s journey towards commercializing sodium-ion batteries.

As HiNa Battery looks to the future, they are committed to enhancing the performance of their mass-produced products and spearheading the research and development of next-gen products and technologies. In collaboration with key industry partners, HiNa Battery aims to further the industrialization of sodium-ion batteries.

(image: the paper)

JAC Motors, officially known as Anhui Jianghuai Automobile Group Corp., Ltd., is a Chinese automobile and commercial vehicle manufacturer. The company is based in Hefei, Anhui Province, China. Established in 1964, JAC Motors has been listed on the Shanghai Stock Exchange since 2001.

The company produced about 524,000 units in 2021, including 271,800 commercial vehicles and 252,500 passenger vehicles. It offers a diverse product lineup, including sedans, SUVs, MPVs, light-duty trucks, heavy-duty trucks, vans, and jac motors pickups.

JAC Motors is recognized for its commitment to innovation and quality, and it sells its vehicles in over 100 countries worldwide, including JAC Motors South Africa, JAC Motors Mexico, USA, Colombia, Costa rica, El Salvador, Guatemala, Honduras, UAE, JAC Motors Nigeria, etc.

JAC Motors is owned by JAG. JAG is hold 50% by State-owned Assets Supervision and Administration Commission of Anhui Provincial People’s Government, and 50% by Volkswagen (China) Investment Co., Ltd., which is 100% hold by Volkswagen Group. The German automotive giant acquired its stake in 2020. This makes Volkswagen Group a significant stakeholder in JAC Motors.

HiNa Battery Technology Co., Ltd., a pioneering force in the realm of sodium-ion batteries, is fervently driving the industrialization of this technology, with a particular emphasis on energy storage applications.

Established in 2017, HiNa’s cutting-edge technology is grounded in the research from the Institute of Physics at the Chinese Academy of Sciences. The company is at the forefront of the industry, leading the charge in the industrialization of sodium-ion battery products.

The company’s applications span across various industries, including electric bicycles, electric motorcycles, home energy storage, industrial energy storage, and vehicles.

HiNa Battery Technology Stock

As of January 2024, HiNa Battery Technology has not yet made its debut on any domestic or international stock exchange markets. Currently, there are no indications of HiNa Battery Technology preparing for an Initial Public Offering (IPO).

HiNa’s Industrialization Journey

In 2018, HiNa Battery made history by launching the world’s first low-speed electric vehicle powered by sodium-ion batteries.

The following year, in 2019, the company announced plans to establish the world’s first 100kWh sodium-ion battery energy storage power station.

Fast forward to 2021, HiNa Battery achieved another milestone by officially commissioning the world’s first 1MWh sodium-ion battery optical storage smart microgrid system.

(image: the paper)

In 2022, HiNa Battery Technology continued to lead the industry by initiating operations of the world’s first sodium-ion battery mass production line, with an ambitious first-phase production capacity target of 1GWh.

In February 2023, HiNa Battery Technology Co., Ltd. placed a 140 Wh/kg sodium-ion battery in an electric test car for the first time. This marked a significant milestone in the journey towards the commercialization of sodium-ion batteries.