In June, the sodium-ion battery industry chain saw broad-based improvements. The electrolyte and cell segments, which posted the most notable increases during this cycle, exhibited typical features of “volume growth amid persistent bottlenecks”—electrolyte capacity relied on conversion from lithium battery production, and core raw material shortages began to emerge, while the cell segment recorded nearly twofold YoY growth driven by dual boosts from energy storage and two-wheelers.