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 from the Institute of Physics, Chinese Academy of Sciences, HiNa Battery has positioned itself as a significant contributor to the energy storage sector. The company’s focus extends across various applications, including electric vehicles, large-scale energy storage systems, and industrial solutions, offering alternatives to traditional lithium-ion batteries.
Battery Technology
HiNa’s sodium-ion battery technology represents a significant advancement in energy storage solutions. The company’s proprietary design utilizes Na-Cu-Fe-Mn-O compounds for cathodes and anthracite-based soft carbon for anodes, achieving energy densities up to 155 Wh/kg. This performance significantly surpasses traditional lead-acid batteries while maintaining cost-effectiveness.
The company holds more than 30 invention patents, with 12 already authorized, including patents in the United States and Japan. These patents cover essential aspects of Na-ion battery development, from materials and components to manufacturing processes and applications. The technology offers notable advantages in terms of safety, performance, and cost-efficiency.
HiNa’s product range includes various cell formats: a 270Ah prismatic cell, an 80Ah blade cell, and a 12Ah cylindrical cell. Each design serves specific applications, featuring rapid charging capabilities, extended cycle life, and reliable performance across different temperature ranges. By 2025, the company projects that its Na-ion batteries will achieve cost parity with certain lithium-ion battery segments.
Recent Projects
In 2024, HiNa established partnerships with Acculon Energy to introduce Na-ion battery solutions to the U.S. market, targeting commercial and industrial applications. The company also collaborated with Cygni Energy to develop specialized storage solutions for electric vehicles in India.
A notable achievement includes supplying the world’s first 100MWh sodium-ion energy storage project, demonstrating the technology’s commercial viability. The National Energy Administration recognized HiNa among the top ten technological innovations in the energy industry for 2024.
Investors
HiNa Battery’s financial backing includes support from significant institutions such as the China State-owned Enterprise Mixed Ownership Reform Fund, Oceanpine Capital, Habo Investment, Join Hands Capital, and Phoenix Tree Capital Partners. The company completed its Series B funding round in April 2023, achieving a valuation of $786.1 million as of April 2022.
Business Details
Location: Science and Technology Industrial Park, Zhongguancun, Liyang, Jiangsu Province, China
Website: https://hinabattery.com
LinkedIn: https://www.linkedin.com/company/hina-battery/