article thumbnail

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

Green Car Congress

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

Global 231
article thumbnail

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

Green Car Congress

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.).