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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.).

Global 231
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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. The company is also exploring next-generation battery materials concepts, including the lithium-sulfur technologies now in early stage development with Sion Power.