BASF Building Battery Materials Plant in Germany
By Kim Richters
BASF SE said Wednesday that it is building a plant for the
production of battery materials for electric vehicles at its
location in Schwarzheide, Germany.
The German chemicals conglomerate said the plant will produce
cathode active materials and will have an initial capacity to
supply around 400,000 electric vehicles a year with battery
Operations at the plant will start in 2022, the company said,
without giving financial details for the project.
Write to Kim Richters at firstname.lastname@example.org
(END) Dow Jones Newswires
February 12, 2020 05:48 ET (10:48 GMT)
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