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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.1. Technical breakthrough: Although sodium ion battery technology has made some progress, it still needs further breakthrough in energy density and cycle life to meet the market demand.Opportunity:

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.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.

Third, the market application opportunities of sodium ion batteries1. 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.4. Environmental protection and sustainability: the production process of sodium ion battery has little impact on the environment, and it is easy to realize recycling, which conforms to the concept of sustainable development.