• Advertise
  • Privacy Policy
  • Invest in Latam
  • Latam Mobility
  • Latam Green
  • Future Energy Summit
  • H2 Business News
Green Racing News
  • Home
  • Formula E
  • Extreme E
  • Tech
  • Brands
  • Others
  • Contact
  • English
  • Spanish
No Result
View All Result
  • Home
  • Formula E
  • Extreme E
  • Tech
  • Brands
  • Others
  • Contact
  • English
  • Spanish
No Result
View All Result
Green Racing News
No Result
View All Result
Home Tech

BASF and Shanshan to form joint venture to produce active cathode materials in China

May 23, 2021
In Tech
BASF and Shanshan to form joint venture to produce active cathode materials in China

Photo: ComunicarseWEB

Share on FacebookShare on TwitterShare on Linkedin

BASF and Shanshan, a leading supplier of lithium-ion battery materials supplying the electric mobility market, have agreed to form a joint venture majority-owned by BASF (BASF: 51%; Shanshan: 49%) to produce active materials of cathodes and precursors in China. The closing of the transaction is scheduled for the end of this summer after approval by the relevant authorities.

BASF will increase its contribution as the world’s leading supplier of active cathode materials to the automotive industry with strong technology and development capabilities, presence of global operations and strategic partnerships for the supply of raw materials.

By forming the joint venture BASF increases its annual capacity to 160 kilotonnes of cathodes by 2022 with further expansions underway.

“Our joint venture will complement BASF’s global battery materials footprint while increasing our customer proximity. By combining BASF’s and Shanshan’s expertise, we will accelerate the electrification transformation of the transportation industry,” said Markus Kamieth, member of the executive board of BASF SE.

Also, as one of the leaders in the Chinese cathode market, Hunan Shanshan Energy has supported the lithium ion battery industry for more than 18 years. Thanks to its experience, it has a complete product portfolio that covers the main categories of active cathode materials used in lithium-ion batteries. It has formed a business value chain that includes raw materials, PCAM, CAM, and battery recycling.

It may also interest you: Quantum computing, the option to develop batteries for electric vehicles

“This partnership will complement our R&D and product portfolios. The integration of BASF’s and Shanshan’s supply chain and customer resources will further enhance the competitiveness of the intended joint venture and enable it to be one of the world’s leading suppliers of active materials of cathodes,” added Zhihua Li, Chairman of Shanshan.

BASF has developed its global presence by focusing on customer proximity, improving the competitiveness of its product portfolio and ensuring a sustainable supply of raw materials.

Notably, in Europe, BASF is investing in cathode active material capabilities in Germany.

Written by | Gabriel Sayago

Tags: active materials of cathodeBASFShanshan
Previous Post

JBXE: Kevin Hansen to receive Jenson Button’s steering wheel for the Ocean X Prix

Next Post

Alessandro Zaccone is not daunted by MotoE favorites

Osward Rubio

Osward Rubio

Head of Content for Green Racing News & Latam Mobility

Related Posts

Autev Introduces New Charging Experience Through Autonomous Service
Tech

Autev Introduces New Charging Experience Through Autonomous Service

May 23, 2023
Sweden Prepares a Major Highway Capable of Charging Cars in Transit
Tech

Sweden Prepares a Major Highway Capable of Charging Cars in Transit

May 22, 2023
Sila Technologies
Tech

Sila Nanotechnologies Unveils a Material to Increase Electric Vehicle Autonomy by 20%

May 3, 2023
Why is the Hyundai Ioniq 6 the Car of the Year?
Tech

Why is the Hyundai Ioniq 6 the Car of the Year?

May 2, 2023
Schaeffler Unveils Technology for Placing Electric Motors in Tires
Tech

Schaeffler Unveils Technology for Placing Electric Motors in Tires

April 20, 2023
The Electric Propulsion Prototype that Dazzles at Prestigious European Hub
Tech

The Electric Propulsion Prototype that Dazzles at Prestigious European Hub

April 14, 2023
Next Post
Alessandro Zaccone is not daunted by MotoE favorites

Alessandro Zaccone is not daunted by MotoE favorites

We provide the best news on zero emission racing, our coverage includes Formula E, Extreme E, Moto E, Roborace, E1 Series, eSkootr and also eRacing.

Linkedin Whatsapp Instagram Twitter Youtube Facebook
Browse by Category
  • Formula E
  • Extreme E
  • Bios
  • Tech
  • Brands
  • Others

Newsletter

Subscribe to our mailing list to receive Monthly updates direct to your inbox!
  • This field is for validation purposes and should be left unchanged.
© 2021 Copyright Green Racing News by Latam Mobility. Diseño web Imagina la web
No Result
View All Result
  • Home
  • Formula E
  • Extreme E
  • Tech
  • Brands
  • Others
  • Contact
  • English
  • Spanish

© 2021 Copyright Green Racing News by Latam Mobility. Diseño web Imagina la web

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.