Ludwigshafen, Germany-based BASF, a global producer of battery materials, and electric vehicle battery cell manufacturer SK On, Seoul, South Korea, have agreed to jointly evaluate collaboration opportunities focused on North America and Asia-Pacific. The collaboration will concentrate on business and product development capabilities to develop materials for lithium-ion batteries.
Initially, the two companies will focus on evaluating collaboration options for cathode active materials (CAM) production. Further details on the collaboration will be revealed at a later stage, said BASF in a press release. Additional collaboration opportunities along the battery materials value chain will be evaluated subsequently, including battery recycling.
For more on the chemical industry’s role in electric vehicle battery production, check out Chemical Processing’s Barry on Batteries.
