Which Companies Are Leading in Sodium-Ion Battery Technology?

World map highlighting leading sodium-ion battery companies—CATL, Faradion, Natron Energy, HiNa Battery, and Altris—with battery icons and an energy grid overlay.

Sodium-ion batteries are gaining attention as the next big thing in energy storage—but who’s actually leading the charge?

Top companies in sodium-ion battery technology include CATL (China), Faradion (UK, acquired by Reliance), Natron Energy (USA), HiNa Battery (China), and Altris (Sweden). These firms are actively commercializing or scaling sodium-ion battery solutions.

I’ve followed battery tech for years, and it’s clear that these players are shaping the sodium-ion landscape globally.

Table of Content Hide

1 Are There Any Publicly Listed Sodium-Ion Battery Companies to Invest In?

2 How Is Sodium-Ion Battery Development Impacting the ASX (Australian Stock Exchange)?

3 What Are the Top Sodium-Ion Battery Manufacturers in India by Market Performance?

4 What Are the Best Sodium-Ion Battery Stocks to Watch in the U.S.?

5 Conclusion

Are There Any Publicly Listed Sodium-Ion Battery Companies to Invest In?

Thinking about investing in sodium-ion battery¹ growth?

There are currently no pure-play, publicly listed sodium-ion battery companies. However, investors can access this sector through companies involved in the technology, such as Reliance Industries² (India), which owns Faradion, and CATL³ (China), a major sodium-ion innovator.

Businessman analyzing battery market trends on a tablet with stock tickers for CATL, Reliance, and AMTE Power in the background. Battery and investment icons visible. — Tracking Sodium-Ion Battery Stocks: CATL, Reliance, and AMTE Power in Market Spotlight

How to Indirectly Invest in Sodium-Ion Tech

You can gain exposure to sodium-ion developments through broader battery or energy storage companies:

Company	Ticker	Sodium-Ion Relevance
Reliance Industries	NSE: RELIANCE	Owns UK-based Faradion
CATL	SHE: 300750	World’s first commercial sodium-ion cells
Altris	Private	Swedish firm—future IPO potential
AMTE Power	LSE: AMTE	UK-based R&D in sodium-ion batteries

Investing in battery ETFs or diversified energy tech companies may also offer indirect access.

✘ There are multiple pure-play sodium-ion stocks listed on major exchanges. False

Most sodium-ion companies are private or subsidiaries of larger firms.

✔ CATL has launched the world’s first commercial sodium-ion battery. True

Their cells are used in pilot projects and early applications.

How Is Sodium-Ion Battery Development Impacting the ASX (Australian Stock Exchange)?

If you’re watching the Australian market, here’s what’s happening with sodium-ion⁴.

While Australia has no dominant sodium-ion manufacturers yet, ASX-listed companies⁵ like Novonix and Calix are involved in battery materials⁶ and could benefit from the sector’s growth. Sodium-ion potential is beginning to influence investor sentiment on the ASX.

Map of Australia featuring ASX-listed battery companies NVX, CXL, LIT, and MNS, with mining, lab, and solar panel imagery in the background. — Australian Battery Sector: ASX Tickers NVX, CXL, LIT, and MNS Linked to Energy Innovation

ASX Exposure to Sodium-Ion Growth

Here are a few ASX-listed companies to monitor:

ASX Company	Ticker	Relevance to Sodium-Ion
Novonix	ASX: NVX	Advanced battery materials R&D
Calix	ASX: CXL	Producing novel battery-grade materials
Lithium Australia	ASX: LIT	Exploring sodium-ion through research arm
Magnis Energy	ASX: MNS	Gigafactory plans with flexible tech integration

None are pure sodium-ion players, but these firms could participate as the market matures.

✘ Australia has a major sodium-ion battery manufacturing base. False

Most local firms focus on materials and research, not production.

✘ All ASX-listed battery firms are focused on lithium only. False

Some are exploring sodium-ion and other alternatives.

What Are the Top Sodium-Ion Battery Manufacturers in India by Market Performance?

India is emerging fast in battery innovation—who’s leading in sodium-ion?

The top sodium-ion battery⁷ player in India is Reliance Industries⁸, through its acquisition of UK-based Faradion. Other contenders include Indian Oil and Tata Chemicals⁹, both exploring sodium-ion battery projects.

Conference room with logos of Reliance Industries, Tata Chemicals, and Indian Oil, featuring a large screen titled “India’s Battery Future” with sodium battery visuals. — India’s Battery Future: Reliance, Tata Chemicals, and Indian Oil Drive Sodium-Ion R&D

India’s Sodium-Ion Leaders

Here are the top Indian companies connected to sodium-ion development:

Company	Market Role
Reliance Industries	Owns Faradion; strong push into battery storage
Indian Oil Corporation	Collaborating with researchers on sodium tech
Tata Chemicals	Researching sodium-ion alongside lithium storage
Amara Raja Batteries	Potential entrant into alternative chemistries

India is investing heavily in domestic battery production, and sodium-ion may be a key part of its long-term strategy.

✔ Reliance Industries is India’s leading investor in sodium-ion batteries. True

Through Faradion, they’ve accelerated R&D and commercialization.

✔ Tata Chemicals and Indian Oil are also researching sodium-ion tech. True

They aim to diversify beyond lithium-based chemistries.

What Are the Best Sodium-Ion Battery Stocks to Watch in the U.S.?

Looking at the U.S. market for sodium-ion investment opportunities?

In the U.S., top sodium-ion battery companies include Natron Energy¹⁰ and Ambri¹¹. While not yet public, these firms are attracting investor attention. Indirect exposure is possible via investors or suppliers involved in their development.

U.S. city skyline overlaid with names of Natron Energy, Ambri, Eastman Chemical, and Fluence Energy, alongside battery and IPO icons under a sunset sky. — U.S. Sodium-Ion Battery Innovators: Natron, Ambri, Eastman, and Fluence in Focus

U.S. Sodium-Ion Investment Landscape

Currently, no sodium-ion pure-play is listed on U.S. exchanges. However, keep an eye on:

Company	Status	Notes
Natron Energy	Private	Backed by Chevron and ABB; commercializing sodium-ion
Ambri	Private	Developing liquid-metal + sodium batteries
Eastman Chemical	NYSE: EMN	Supplies advanced battery materials
Fluence Energy	NASDAQ: FLNC	Builds grid-scale storage systems (tech-agnostic)

Watch for future IPOs or mergers as interest in sodium-ion expands.

✔ Natron Energy is one of the most advanced sodium-ion startups in the U.S. True

They’ve secured funding and are building commercial facilities.

✘ U.S. investors can buy Natron Energy stock on the NYSE. False

Natron is currently a private company and not publicly traded.

Conclusion

While sodium-ion battery companies are not yet widely public, global leaders like CATL, Reliance (via Faradion), and Natron are shaping the field. For investors, opportunities lie in strategic monitoring, indirect plays, and long-term positioning.

Explore this link to understand the advancements and potential of sodium-ion batteries, which could influence your investment decisions. ↩
Learn about Reliance Industries’ involvement in sodium-ion technology and how it could impact your investment strategy. ↩
Discover CATL’s innovations in sodium-ion batteries, which may provide insights into future market trends and investment opportunities. ↩
Explore this link to understand the advancements in sodium-ion technology and its implications for the market. ↩
Discover key ASX-listed companies in the battery materials sector and their potential impact on the market. ↩
Learn about the latest trends in battery materials that are crucial for the development of sodium-ion technology. ↩
Explore the advantages of sodium-ion batteries, including cost-effectiveness and sustainability, to understand their potential impact on the market. ↩
Stay updated on Reliance Industries’ innovations and strategies in battery technology, especially their sodium-ion initiatives. ↩
Learn about Tata Chemicals’ research efforts in sodium-ion batteries and their implications for the future of energy storage. ↩
Learn about Natron Energy’s innovations and partnerships that position it as a key player in the sodium-ion battery sector. ↩
Discover Ambri’s unique approach to sodium-ion technology and how it could shape the future of energy storage. ↩

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