BASF and CATL have signed a framework agreement to accelerate the achievement of global carbon neutrality goals
The cooperation is focused on cathode active materials and battery recycling
BASF SE
CATL 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.
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.”
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Topic World Battery Technology
The topic world Battery Technology combines relevant knowledge in a unique way. Here you will find everything about suppliers and their products, webinars, white papers, catalogs and brochures.