Natron Closes Its Doors, Ending Job Opportunities In Michigan & North Carolina - CleanTechnica

Natron Energy, a company founded in 2012 to develop cost-effective sodium-ion batteries as an alternative to lithium-ion technology, has announced it will cease all operations by September 3, 2025, due to financing challenges. The company had made significant strides, including becoming the first sodium-ion battery to meet the UL 1973 safety standard in 2020 and planning a $1.4 billion gigafactory in Edgecombe County, North Carolina, expected to create 1,000 jobs and produce 24 gigawatt-hours of batteries annually by 2028. This factory was supported by federal incentives from the Inflation Reduction Act (IRA) of 2022, but Natron’s closure means these plans will not come to fruition, and no current or future orders will be fulfilled. The shutdown reflects broader difficulties in scaling innovative clean energy technologies amid financial pressures, including liquidity issues and investor payment freezes. Additionally, Natron struggled to obtain further UL certification necessary to access $25 million