As for now, the businesses announce specializing in cathode supplies whereas leaving particulars of additional cooperation, together with battery recycling, for a later date. “The collaboration brings collectively robust enterprise and product improvement capabilities to develop industry-leading battery supplies for lithium-ion batteries,” writes BASF.
Nonetheless, with particulars remaining undisclosed, it stays to be seen how deep the collaboration will go. Many scopes are doable, from improvement cooperation to a provider relationship or joint manufacturing. For instance, BASF is constructing a cathode materials manufacturing unit in Canada, which might provide SK On’s US factories with customised cathode supplies. BASF additionally produces cathode supplies in Japan within the three way partnership BASF Toda Battery Supplies. On the identical time, SK On is a battery companion of Ford and Hyundai within the USA.
Within the bulletins, each corporations additionally define different areas past cathode supplies. “Further collaboration alternatives alongside the battery supplies worth chain can be evaluated subsequently, together with battery recycling,” writes BASF.
Peter Schuhmacher, President of BASF’s Catalysts division, who can be liable for the corporate’s battery supplies and battery recycling enterprise, mentioned, “We wish to tackle the necessity for extra sustainable options for the electrical car {industry}. And we’re able to work with our clients and companions in all areas to make this a actuality.”
“The collaboration with BASF is a part of our efforts to bolster the battery supplies provide chain,” mentioned Jee Dong-Seob, President and CEO of SK On.
basf.com, skinnonews.com