Chemicals giant BASF and battery supplier Contemporary Amperex Technology (CATL) have signed an agreement for the global supply of cathode active materials (CAM).

BASF’s Battery Materials business provides CAM to both cell manufacturers and automotive OEMs. “Our portfolio includes base metals sourcing and management, as well as various battery recycling solutions,” says the company. “By leveraging our industry-leading R&D platforms, we develop unique, proprietary solutions that support the transition to electromobility.”

“Our global production and R&D footprint across key regions ensure a reliable supply of high-quality materials and localized support for our partners,” adds BASF.

“Our diversified and local production footprint for innovative cathode materials will support CATL’s global business development,” said Dr. Daniel Schönfelder, President of BASF’s Battery Materials division. “We are committed to the global battery industry.”

Source: BASF