Cathode Active Materials BASF, CATL Team Up for Battery Materials Solutions
BASF and Contemporary Amperex Technology Co. Ltd (CATL) have entered into a strategic partnership which aims at developing a sustainable battery value chain by focusing on cathode active materials (CAM) and battery recycling. CATL is also building its first European factory in Germany to localize lithium-ion battery production while BASF is constructing a cathode active materials plant in Schwarzheide, Germany.
Ludwigshafen/Germany – BASF and Contemporary Amperex Technology Co. Ltd (CATL) have recently announced a strategic partnership on battery materials solutions, including cathode active materials (CAM) and battery recycling. The collaboration aims at developing a sustainable battery value chain, in support of CATL’s localization in Europe and contributes to achieving both companies’ global carbon neutrality goals.
CATL is a global leader in innovative new energy technologies. The company has launched its project to build up its first European factory in Germany to localize lithium-ion battery production. With this, it is accelerating the development of a local supply chain for European customers and consumers.
In Europe, BASF is introducing CAM production with an industry-leading carbon footprint through its advanced process technology, a secured local raw materials supply chain, a favorable energy mix for production, as well as short and effective logistics along the supply chain. The strategic partnership with CATL allows BASF to closely work with a globally leading battery producer on CAM and battery recycling. This cooperation will deepen BASF’s expertise and strengthen its global market position.
Through the partnership with BASF, CATL targets to improve its European service capabilities by developing a localized battery recycling network and a secure raw material supply chain in the region. “The transformation towards electromobility requires strong partnerships along the value chain,” said Dr. Markus Kamieth, Member of BASF’s Board of Executive Directors. “Pairing BASF’s strong position as a leading supplier for cathode active materials with CATL’s expertise in lithium-ion batteries will speed up innovation and the formation of a sustainable battery value chain worldwide.”
“The partnership with BASF is another important step for our localization journey in Europe,” said Zhou Jia, President of CATL. “With CATL’s innovative battery technology and BASF’s deep materials expertise, we will further enhance our capability to support our worldwide customers and accelerate the global drive towards carbon neutrality.”