Natron’s liquidation shows why the US isn’t ready to make its own batteries

The news article discusses the recent liquidation of the sodium-ion battery startup Natron, which highlights the challenges faced by the U.S. in establishing its own battery manufacturing capabilities. Natron had announced plans for a $1.4 billion factory just over a year ago, but the company has now filed for liquidation, showcasing the difficulties in developing domestic battery production. The article suggests that Natron's troubled journey is indicative of the broader challenges the U.S. faces in building a self-sufficient battery industry. The country currently relies heavily on imports, particularly from Asia, for its battery needs. The article suggests that the U.S. lacks the necessary infrastructure, supply chain, and expertise to compete with established global players in the battery manufacturing market. The article emphasizes the importance of addressing these issues to ensure the U.S. is prepared to meet the growing demand for batteries, especially as the transition to electric vehicles and renewable energy continues to gain momentum.
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