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Sodium sulphur is an additional ingredient found in electric car batteries. In a battery, liquid sulphur serves as the positive electrode. The first alkali metal battery to be commercially available is a lithium and sulphur battery since it is relatively less expensive.
The tremendous power of sodium sulphur batteries makes them ideal for use in electric cars. The battery produces more power than other sources of electricity.
The only issue with this chemical is that it is difficult to find a secure insulator because insulator corrosion turns what should be an insulator into a conductor. Power is reduced as a result, and the battery discharges.
The South Korea EV Chemicals market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2029, registering a CAGR of XX% from 2024 to 2030.
As demand for zero-emission vehicles continues to rise, Posco Chemical Company revealed its intention to construct a plant in South Korea to develop precursor chemical materials for EV batteries.
Materials including nickel, cobalt, and manganese make up precursor, an intermediary substance utilised in batteries. According to the corporation, the plant will assist regional battery producers in reducing their reliance on Chinese suppliers.
The business claimed that it was taking these steps to ensure raw material proficiency as it anticipates the market for electric vehicle batteries expanding. The industrial powerhouse of South Korea’s chemical industry is also constructing cathode, lithium, and recycling facilities in Gwangyang.
The installation of a precursor factory at the facility, according to Posco Chemical, will enable it to produce battery cathode value chain
