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 three decades of academic research, and in 2022 it stood up the world's first 1,000-ton-scale sodium-ion cathode line. That head start shows in the grid-storage numbers: the HE240 cell runs 240 Ah at 150+ Wh/kg for 8,000 cycles at 0.5C across -40°C to 60°C, among the most cycle-stable products in this field, and the NE170 pushes to 10,000 cycles at 1C. HiNa also holds a genuinely unusual credential for heavy commercial vehicles — a fast-charging cell that fills in 20 minutes — and built both the world's first 100 MWh sodium-ion storage project and a 50 MW station in Hubei in July 2024. Production currently sits at 1 GWh against a 5 GWh roadmap, backed by Kecheng Capital and others at a 2022 valuation of $786 million.