BASF, Nano One ink JDA for LiB materials
Nano One® Materials Corp. (Nano One) and BASF SE (BASF) have announced they have signed a joint development agreement (JDA). Under the JDA, the companies will co-develop a process with reduced by-products for commercial production of next-generation cathode active materials (CAM), based on BASF's HEDTM-family of advanced CAM and using Nano One's patented One-Pot process and metal direct to CAM (M2CAM™) technologies.
BASF has a family of CAM products well-suited to the evolving requirements of batteries in automotive drivetrains and a proven track record of developing these products in collaboration with others. Nano One and BASF will also use the M2CAM™ process for higher flexibility in terms of manufacturing approach and resulting product performance, reduced energy consumption, and environmental footprint.
The joint development plan has various phases and stage gates and is the result of evaluating Nano One's processes and products. The signing of the JDA represents a significant milestone in the business relationship between BASF and Nano One.
Dr. Heiko Urtel, Vice President Global R&D Battery Materials, BASF SE, said: "Nano One has advanced technology with the potential to improve the product performance of our high-performance cathode active materials and to further simplify the synthesis of battery materials. We are looking forward to building a collaborative working relationship and advancing the business opportunities for our next-generation cathode active materials."
Dan Blondal, Nano One CEO, added: "BASF is a global leader in chemistry and high-performance lithium-ion battery cathode materials, and we are proud to be forging new ground with them to improve performance, cost, and environmental footprint for CAM production. There is a tremendous opportunity to jointly differentiate the production processes and products for a more resilient and sustainable supply chain. We look forward to advancing this partnership."