HiNa Battery Technology Co. Ltd.

HiNa Battery Technology, founded in 2017 as a spin-off from the Chinese Academy of Sciences, specializes in advanced sodium-ion batteries for electric vehicles and energy storage. Leveraging over 30 patents and achieving up to 155 Wh/kg, HiNa offers safe, cost-effective alternatives to lithium-ion solutions.

Company Location

Country:

China

City:

Liyang, Jiangsu

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Company Overview

HiNa Battery Technology Co., Ltd. specializes in the research, development, and manufacturing of sodium-ion (Na-ion) batteries. Established in 2017 as a spin-off from the Institute of Physics, Chinese Academy of Sciences (IOP, CAS), the company combines over 30 years of battery research experience with innovative Na-ion technology development. Led by distinguished experts, including Academician Chen Liquan and Professor Hu Yong-sheng, HiNa Battery has positioned itself as a significant contributor to the energy storage sector, focusing on electric vehicles, large-scale energy storage systems, and industrial solutions as alternatives to lithium-ion batteries.

Battery Technology

HiNa’s proprietary Na-ion battery technology uses Na-Cu-Fe-Mn-O compounds for cathodes and anthracite-based soft carbon for anodes, achieving energy densities up to 155 Wh/kg. The company holds over 30 invention patents (12 authorized) in jurisdictions including the United States and Japan, covering materials, components, manufacturing processes, and applications, offering enhanced safety, performance, and cost-efficiency.

Products

Product range includes a 270Ah prismatic cell, an 80Ah blade cell, and a 12Ah cylindrical cell, each featuring rapid charging, extended cycle life, and reliable performance across temperature ranges. By 2025, HiNa projects its Na-ion batteries will reach cost parity with select lithium-ion segments.

Recent Projects

In 2024, HiNa partnered with Acculon Energy to introduce Na-ion battery solutions to the United States for commercial and industrial applications and collaborated with Cygni Energy to develop EV storage solutions in India. The company supplied the world’s first 100MWh sodium-ion energy storage project and was recognized by the National Energy Administration among the top ten technological innovations in the energy industry for 2024.

Investors

The company is backed by China State-owned Enterprise Mixed Ownership Reform Fund, Oceanpine Capital, Habo Investment, Join Hands Capital, and Phoenix Tree Capital Partners. It completed Series B funding in 2023, reaching a valuation of $786.1M in 2022.

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