BASF acquires Ovonic Battery Company; NiMH leader to be part of BASF Battery Materials business unit
Green Car Congress
FEBRUARY 14, 2012
Ovonic is a leading producer of NiMH (nickel metal hydride) battery technology, including the production of cathode active materials (CAMs) for this battery type. All major producers of NiMH batteries are currently working under license from Ovonic.