BASF and Contemporary Amperex Technology Co., Ltd. (CATL) have signed a framework agreement for cathode active materials. Under the agreement, BASF will cooperate with CATL on a global scale.
CATL has selected BASF as its important supplier. BASF will support CATL’s global layout through its global production network.
“We are proud to work with CATL, a global market leader in battery technology. 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 and continue leveraging partnerships like the one between CATL and BASF Battery Materials.”
BASF’s Battery Materials business is a global leader in advanced cathode active materials (CAM) for lithium-ion batteries. It empowers the world’s leading cell manufacturers and OEM platforms with high-performance solutions tailored to their needs. Its portfolio includes base metal sourcing and management, as well as various battery recycling solutions. By leveraging industry-leading R&D platforms and passion for innovation, the company develops unique, proprietary solutions that drive customer success and support the transition towards electromobility.