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BASF intensifying R & D of products for sustainable electromobility; triple-digit million euro investment in batteries over next 5 years

Green Car Congress

This new facility with an investment volume of more than $50 million is scheduled to supply the market with cathode materials for the production of high-performance lithium-ion batteries from mid-2012. Part of the investment is going to the construction of a new cathode materials plant in Elyria, Ohio. Earlier post.) Earlier post.).