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BASF invests $50 million to acquire equity ownership position in Li-Sulfur battery company Sion Power

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BASF has invested $50 million to acquire an equity ownership position in privately held Sion Power, the leading developer of rechargeable lithium-sulfur (Li-S) batteries. More than 600 Wh/kg in specific energy and 600 Wh/l in energy density are achievable in the near future, according to the company. Earlier post.).

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BASF creates new global business unit to advance battery activities for electromobility

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BASF is creating a new global business unit that will unite its current and future battery-related electromobility activities; the newBattery Materials” will be formed effective 1 January 2012. The operating consolidation will take place throughout the first half of 2012. Earlier post.) Earlier post.).

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