BASF throws its hat into the electromobility ring

BASF throws its hat into the electromobility ring

Business news |
By eeNews Europe

With the move, the Ludwigshafen, Germany, based company is adding another product range essential to electromobility to its product portfolio. Currently BASF already develops specific formulations for electrolytes based on organic carbonates for customers in the battery and automotive industries. Electrolytes are complex formulations needed for the transport of electronic charge inside batteries. The performance of a battery greatly depends on the quality of the electrolyte.

The new lithium ion electrolyte team will be part of BASF’s Intermediates division. In the electrolyte business, the company intends to become a system supplier capable of offering custom solutions to its customers.

As a part of its efforts to participate in the electromobility business, BASF plans to build a manufacturing plant for battery materials in Elyria, Ohio (USA).

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