Stellantis Invests in Tiamat For Affordable Sodium-Ion Battery Solutions

Mobility Outlook Bureau
12 Jan 2024
05:02 PM
1 Min Read

This move aims to explore sodium-ion technology's potential to deliver cost-effective energy storage, free from lithium and cobalt.

Stellantis Invests in Tiamat mobility outlook

Stellantis Ventures has announced a strategic investment in Tiamat, a French company specialising in the development and commercialisation of sodium-ion battery technology. This move aligns with Stellantis' commitment to clean, safe, and affordable mobility, fostering a diverse portfolio of battery chemistries.

Sodium-ion battery technology, a promising alternative to lithium-ion, presents advantages such as lower costs, heightened sustainability, improved low-temperature performance, and faster charging capabilities. The abundance of sodium as a raw material enhances sustainability and promotes material sovereignty.

Tiamat, recognised as one of the top-performing technology start-ups with a Stellantis Ventures Award in 2023, recently achieved a significant milestone by being the first company globally to commercialize sodium-ion technology in an electrified product.

Ned Curic, Stellantis Chief Engineering and Technology Officer, emphasised the significance of seeking sustainable and affordable battery solutions, aligning with Stellantis' Dare Forward 2030 strategic plan. The plan includes transitioning to electric propulsion, aiming for a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and a 50% BEV sales mix in the United States by 2030.

Stellantis is committed to carbon neutrality by 2038 and has secured 400 GWh of battery capacity to meet its ambitious targets. Alongside Tiamat, Stellantis is investing in diverse technologies, including solid-state batteries with Factorial Energy and lithium-sulphur chemistry with Lyten Inc.

Tiamat, a spin-off from the French National Centre for Scientific Research (CNRS), plans to utilise the investment from Stellantis Ventures to construct a sodium-ion battery plant in France. Initially, the focus will be on power tools and stationary storage applications, with subsequent plans to scale up production for second-generation products catering to Battery Electric Vehicle (BEV) applications.

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