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2. Market competition: With the rapid development of the sodium ion battery market, more and more enterprises will enter this field, and the market competition will be more intense. Pawa shares need continuous innovation and research and development to improve product quality and performance in order to stand out in the market.Pawa Co., Ltd. is mainly engaged in the research and development, production and sales of new energy battery materials, focusing on the subdivision direction of cathode materials for lithium-ion batteries and sodium-ion batteries, and actively deploying forward-looking fields such as semi-solid/solid-state batteries. In the field of sodium ion batteries, Pawa has mastered the core technology of precursor synthesis of sodium anode materials, and accelerated the research and development and industrialization of related products.2. Transportation field: In the transportation field, sodium ion batteries can be used as a supplement to lithium ion batteries and applied to some new energy vehicles, low-speed electric vehicles, two-wheeled vehicles and other fields with low endurance requirements. In addition, sodium ion batteries can also be used in mining areas, construction machinery and other scenes to replace traditional diesel engines and reduce the problems of air pollution and corrosion of equipment.

1. Low cost: The abundant sodium resources make the raw material cost of sodium ion batteries much lower than that of lithium ion batteries, which is of great significance for large-scale energy storage and transportation applications.3. Industrial and distributed energy storage: The demand for industrial and distributed energy storage systems is increasing gradually. These systems are usually used in micro-grids or enterprise parks, and need stable power supply to support production and daily operation. Sodium ion battery can be applied to some remote areas where it is difficult to access the power grid because of its good performance and high cost performance at low temperature.Iv. Opportunities and challenges of Pawa in the field of sodium electricity

1. Low cost: The abundant sodium resources make the raw material cost of sodium ion batteries much lower than that of lithium ion batteries, which is of great significance for large-scale energy storage and transportation applications.1. Energy storage field: The application prospect of sodium ion battery in energy storage field is broad. With the rapid development of renewable energy, the demand for energy storage technology in power grid is increasing. Sodium ion battery has obvious advantages in power grid energy storage and renewable energy storage because of its low cost, high safety and strong temperature adaptability.Third, the market application opportunities of sodium ion batteries