CATL and BASF Battery Materials Sign a Framework Agreement for Cathode Active Materials

· Both parties will cooperate on advanced and innovative cathode active material

· BASF will support CATL through its global production network

CATL and BASF 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. 

BASF is a leading global chemical company with deep expertise in materials science and sustainability. As a global leader in advanced cathode active materials for lithium-ion batteries, BASF Battery Materials business combines cutting-edge R&D with a strong production network to deliver high-performance, tailored solutions that meet the high standards of industry leaders like CATL. 

"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." 

This agreement builds on the collaborative foundation laid in 2021, when the two companies entered into a strategic partnership on battery materials solutions, including cathode active materials and battery recycling, with the shared goal of developing a sustainable battery value chain.