HiNa Battery Technology

HiNa carries more institutional pedigree than most of the field — spun off from the Chinese Academy of Sciences in 2017 on top of years of academic research, and among the first companies globally to stand up large-scale sodium-ion cathode production. That head start shows in the grid-storage numbers: HiNa's cells report energy density in the 140-155 Wh/kg range, with cycle life the company has said it is pushing toward 8,000-10,000 cycles, among the more cycle-stable products in the field. HiNa also says it has developed a fast-charging cell aimed at heavy commercial vehicles, and it has built some of the earliest utility-scale sodium-ion storage projects in China, including deployments in Hubei. Production capacity continues to scale toward a multi-gigawatt-hour roadmap, backed by institutional investors at a valuation in the hundreds of millions of dollars as of its most recent funding round.