China: Johnson Matthey and 3M complete NMC Patent Licence Agreement Improved Battery Materials for Automative Applications
Johnson Matthey and 3M have entered into a patent licence agreement that aims at expanding the use of Nickel-Manganese-Cobalt (NMC) cathode materials in lithium-ion batteries for automotive applications.
Changzhou/CHina – Under the agreement, 3M grants Johnson Matthey a licence to several of their products with the aim of supplying enhanced battery materials for the automotive industry. "We are pleased to have reached this agreement with 3M, which represents a further step in our strategy to provide a broad portfolio of cathode materials to the automotive and other high performance markets," said Neil Collins, Director of Johnson Matthey's Battery Materials business. "We look forward to applying our skills in nickel chemistry and in the scale-up and manufacture of battery materials as we work with our customers to develop customised, commercial products."