Join Hands to prompt development | Starting Point(SIBs) Visited Paragonage
2024-02-01


The 2024 Starting Point Sodium Power National Research and Interview Campaign was officially launched on 10th January.


The 2024 Starting Point Sodium Electricity National Research and Interview Activity, organised by Starting Point Research/Starting Point Sodium Electricity and sponsored by Mangshi Technology/Shangshui Intelligence/Ruitech Technology, will be carried out from January 2024 to March 2024, to conduct research and interviews with the leading enterprises in each segment of the sodium battery industry chain, to conduct in-depth research on the development of the sodium electricity industry and dynamics of the first-line research and report on the high-quality enterprises, and to push the development of the sodium battery industry into a new stage. Battery industry development into a new stage.


On 11th January, Yang Jiaxin, General Manager of Start Sodium Division, led the Start Sodium research team into Wuxi Paragonage Technology Co., Ltd. and discussed with Cai Tingting, co-founder of Pangu New Energy, and Deng Zhipeng, co-founder of Paragonage, and so on.


(Photo: Group photo of the Starting Point Sodium Electricity Research Group and representatives of Paragonage)
According to Mr Cai, the founder of Paragonage, Mr Hu Mingxiang, and his team have been engaged in the research of sodium electricity industry since 2015, and since the company was established in 2022, two rounds of financing have been completed, and the shareholder camp includes a number of listed companies in the field of batteries and materials, of which, the pre-A round also has the support of Wuxi Municipal Affairs Group and Yunlin Fund. Supported by innovative technology and industrial capital, leading the sodium battery track, Paragonage is ready to go.

Mr Cai believes that there are a lot of directions for the development of sodium electricity, from the perspective of battery form, there can be different forms such as square battery/cylindrical battery/soft pack, etc.; different forms also have different design play, such as cylindrical can be done 18650/26700 and so on. At present, the models of Paragonage's sodium battery cells are 32140 and other large cylindrical series with full lugs.


In terms of industrialisation process, Mr. Cai mentioned that at present, Paragonage has set up bases in Shenzhen and Wuxi respectively, of which, the Shenzhen base covers an area of 4,000 square meters, and has already completed the buckling laboratory/electrolyte laboratory/cell test room/module test room/cell trial line, etc., which has a complete research and development system of the core to meet the demand for experiments and samples; and the pilot line of the Wuxi base covers 12,000 square meters, and the company's pilot line is expected to be completed by the end of 2012, and the pilot line is expected to be completed in the end of 2012. The pilot line of Wuxi base covers an area of 12,000 square metres, and the pilot line of the company is expected to be put into operation after March 2024, with a daily output of 25,000 cells and a production capacity of 5GWh, which will be launched in Q2 2024 after reaching the production capacity.

Mr Cai revealed that in the beginning of the R & D process, also met a series of problems, such as the humidity of the layer oxide is not well controlled, easy to gel, the performance of the battery will also have an impact; another example of the layer of oxygen gas production problems, but also can be used in the design of the cylindrical form of the effective control; sodium electricity grouping problems, how to improve yields, and so on.


For the price of lithium carbonate on the impact of sodium power, Mr Cai believes that the price of lithium carbonate decline, the industry will have pessimism, in fact, is very normal, we need to have enough insight into the industry. For example, through technological enhancement, the performance of sodium electricity up, first do a good job in small market segments. As many of our peers said, seize the opportunity and cultivate good internal skills.
Mr Deng also mentioned that sodium power or to follow the price of lithium power, because sodium power this market is temporarily no blue ocean, there is a more important is the performance of sodium power, especially the cycle is very advantageous, and the price advantage of sodium power here, do not have to worry about the so-called price wars or lithium carbonate price slump impact.

Recently, the sodium ion battery field sodium battery loaded / sodium tram mass production and other good news, Mr Deng frankly said that 2023 is the first year of sodium electricity, but in fact, 2024 is the first year of sodium electricity, 2025 may usher in a new growth period of sodium electricity.


In terms of sodium power shipments, Mr Cai optimistically predicted that the shipments in 2025 may reach 10GWh, but it also depends on how the industry develops. Starter batteries/energy storage/two-wheelers/low-speed four-wheelers are all very promising potential application scenarios, and for these scenarios, Paragonage has already started relevant exploration and layout.


At present, Paragonage is in the stage of delivering samples and small-volume shipments, covering the fields of low-speed power, backup power and starter power, etc. Especially in the area of low-temperature and high-multiplication, a customer has already successfully completed the relevant tests in Siberia.

About Paragonage


Paargonage is a science and technology enterprise focusing on the research, development, production, sales and service of sodium-ion batteries and modules. The company possesses core technological advantages and sustainable R&D capabilities in the field of sodium-ion batteries, and is one of the earliest enterprises in China to engage in the research and development of key technologies of sodium-ion batteries and pass the first batch of sodium-ion battery evaluation by the Ministry of Industry and Information Technology (MIIT) of the State Council.


Unique process methods and strategies make the company's battery performance ahead of the industry level, the company has developed a series of products with different application directions, such as high energy density, high power, long cycle, etc., and the customer solutions cover the fields of energy storage (including industrial and commercial energy storage and family energy storage), communication base station, UPS, automobile starting and stopping, engineering machinery, low-speed electric vehicles, etc..


Thanks to the industry's high recognition of the team, and the support of shareholders including Xiongtao, Grimme, Xinzhoubang, Xingyuan, Zhengtong Electronics, Jingshan Light Machinery, Wuxi Municipal Government, and Xichuang Investment, the company has been empowered by the full support of the company's rapid growth.



Contact Us

TEL:0755-89892688;0510-88205678;

Email:info@paragonage.com

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No.79 Gaodeng Road, Xishan District, Wuxi City

NO.1, Binhai 2nd Road, Dapeng New District, Shenzhen


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