Proliferation of electric vehicles based on high-performance, low-cost sodium-ion battery

Various automobile companies are preparing to shift from internal combustion (IC) engine vehicles to electric vehicles (EVs). However, due to higher cost, EVs are not as easily accessible to consumers; hence, several governments are subsidizing EVs to promote sales. For EV costs to compete with those of IC engine vehicles, their batteries, which account for about 30% of their cost, must be more economical than IC-based vehicles.