Faradion’s patented non-aqueous sodium-ion battery chemistry eliminates the need for cobalt and copper by using abundant sodium. The cells feature a unique zero-volt capability for safe transport, deliver high energy density across a wide temperature range, reduce thermal runaway risks, and offer a cost-effective, scalable solution for large-scale energy storage.
Non-aqueous sodium-ion battery cells designed as drop-in replacements for lead-acid batteries in electric vehicles, e-scooters, and e-bikes, offering enhanced range and payload. Also used in stationary energy storage, backup power systems, and remote energy solutions, featuring zero-volt capability, high energy density, safety profile, and cost advantages.
In 2024, Reliance New Energy Limited acquired full ownership of Faradion and integrated its technology into a planned energy storage gigafactory in Jamnagar, India, aiming to scale up sodium-ion battery production for renewable energy and electric vehicle markets.
Primary investor Reliance New Energy Limited acquired Faradion for £100M in 2021 with an additional £25M growth investment. Earlier backers include Mercia Technologies PLC (£3.2M in 2017), Finance Yorkshire Seedcorn Fund, and Haldor Topsoe A/S.
