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The sodium-ion-cell battery company raised €30 million ($34 million) in early 2024 in a third round of funding for a factory that would reach 5 GWh of annual production capacity in 2029. Today’s consensus is that in 2030 global battery production needs to be around 4700GWh which is more than 7 times the installed global capacity in 2022 At this time, there is also a consensus that although the materials constituting Lithium-ion batteries are sufficiently present on earth, their. Since 2017, the start-up Tiamat has been designing, developing, industrializing and marketing sodium-ion batteries, a new.
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