Sodium Solid state battery : Big & Better change to charge New era EVs

What did Reliance pay $135 million for buys sodium-ion battery start-up Faradion a US based company. Why Sodium (Na+) is Reliance's big battery bet in EV race??

Sodium-ion batteries have several advantages over lithium-ion batteries, including: 

Cost: Sodium-ion batteries are about 30% cheaper than lithium batteries.

Safety: Sodium-ion batteries are safer and don't produce lithium dendrites. Can work between -30°C to +60°C temperature.

Charging: Sodium-ion batteries charge faster than lithium-ion batteries.

Lifespan: Sodium-ion batteries have a three times longer lifecycle than lithium-ion batteries.

Sodium-ion batteries also have: 

Similar power delivery characteristics

Better rate performance

Higher ionic conductivity of the electrolyte

Stronger interfacial ion diffusion ability

However, sodium-ion batteries have a lower energy density. They also lack a well-established raw material supply chain and the technology is still in early stages of development. 

Sources:

1. https://www.sciencedirect.com/science/article/pii/S258996511930008X

2. https://www.linkedin.com/pulse/why-reliance-industries-acquired-faradion-battery-company-lokhande

3. https://pubs.acs.org/doi/10.1021/cen-10002-buscon4#:~:text=The%20Indian%20conglomerate%20Reliance%20Industries,including%20batteries%20for%20electric%20vehicles.

4. https://m.economictimes.com/industry/renewables/why-sodium-is-mukesh-ambanis-big-battery-bet-in-the-ev-race/amp_articleshow/89083744.cms

5. https://en.m.wikipedia.org/wiki/Sodium-ion_battery#:~:text=Sodium%2Dion%20batteries%20have%20several,also%20a%20lower%20energy%20density.

6. https://www.cnbctv18.com/technology/sodium-batteries-the-next-big-shift-in-energy-storage-technology-18413901.htm

7. YouTube video by Owl WiS