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Sodium-Ion Battery

CATL and Alfen Sign 5 GWh Sodium-Ion Energy Storage Deal: European Commercial Deployment Begins

CATL and Alfen Sign 5 GWh Sodium-Ion Energy Storage Deal: European Commercial Deployment Begins

On July 16, CATL signed an MoU with Alfen N.V., a leading European renewable energy integrator, to deploy 5 GWh of CATL's Tianheng sodium-ion energy storage systems across the Netherlands and Western Europe from 2027. The system is designed for a 25-year lifespan with nearly 2% RTE improvement and is compatible with LFP technology, providing a zero-carbon diversification option for Europe's energy transition.

57247 days ago
Lithium Battery Consumption Tax Restored in Sept 2026: EV Costs Set to Rise

Lithium Battery Consumption Tax Restored in Sept 2026: EV Costs Set to Rise

On July 16, 2026, China's Ministry of Finance, Customs, and Taxation jointly announced that lithium battery consumption tax will be restored from September 1, 2026, ending the 11-year battery tax exemption. The first-year rate is 2%, rising to 4% from September 2027. Industry estimates suggest pure EV manufacturing costs will increase by RMB 396–1,200 per vehicle. This is seen as a key signal of NEV tax incentives gradually phasing out and aligning with ICE vehicle taxation.

81248 days ago