BASF to supply SVOLT with battery chemicals - Just Auto
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BASF to supply SVOLT with battery chemicals

By Graeme Roberts 25 Oct 2021 (Last Updated October 25th, 2021 17:37)

Materials supply and cell recycling included in the deal.

BASF to supply SVOLT with battery chemicals

BASF and SVOLT have entered into an agreement for cathode active materials (CAM) development, raw materials supply and battery cell recycling.

“The cooperation will also enhance the research and development (R&D) capabilities for both companies in sustainable battery materials and strengthen both parties’ core competitiveness in the largest battery market, China, and globally,” a statement said.

Both companies will also assess joint upstream resourcing to strengthen security of material supply.

Peter Schuhmacher, president of BASF’s catalysts division, said: “BASF is ideally positioned to deliver tailored high-performance cathode active materials for SVOLT’s leading cell technology.”

BASF has established a strong position in the CAM market including global manufacturing and R&D, plus a broad range of mid- to high-nickel, manganese-rich, cobalt-free CAM.