America's First Sodium-Ion Battery Manufacturer Ceases Operations

Grady Martin writes: Natron Energy has announced the immediate cessation of all operations, including its manufacturing plant in Holland, Michigan, and plans to build a $1.4 billion 'gigafactory' in North Carolina. A company representative cited 'efforts to raise sufficient new funding [being] unsuccessful' as the rationale for the decision.

When previously covered by Slashdot, comments on the merits of sodium-ion included the ability to use aluminum in lieu of heavier, more expensive copper anodes; a charge rate ten times that of lithium-ion; and Earth's abundance of sodium -- though at least one anonymous coward predicted the cancellation of the project.

Read more of this story at Slashdot.