AI race $1.4B sodium-ion battery rush
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AI data center expansion is driving high energy demand.
Sodium-ion batteries are key to the US manufacturing resurgence.
Potential interest rate cuts could create funding opportunities for manufacturing growth.
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Cheaper and safer than lithium, which is price volatile and dependent on natural resources.
Climate law tax credits incentivizes EV and battery factories.
Competing with Chinese EV imports and European startups developing advanced batteries.
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Plans to raise $500M in private credits, after receiving $300M in investor funding.
Specializes in long-lasting sodium-ion batteries for AI data centers and oil drilling operations.
