BASF has broken ground for its new cathode active materials production plant in Schwarzheide, Germany. In an online event, the company celebrated this milestone together with customers, politicians and partners. The new plant is part of BASF’s multi-step investment plan in the European battery materials market and will use precursors from the company’s previously announced plant in Harjavalta, Finland. Construction has already started in August in Schwarzheide and the plant is scheduled for a 2022 start-up.
This new plant for cathode active materials will be equipped with world leading process technology and enable the supply of around 400,000 full electric vehicles per year with BASF battery materials. BASF’s innovative cathode materials increase the performance of batteries, promoting the success of climate-friendly mobility.
“We support our customers and want to capture the growth opportunity in the fast-growing electric mobility market with our investments in battery materials in Europe,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE. “Electromobility is one of the key solutions to unite the global desire for individual mobility and the need to significantly reduce local emissions. BASF is driving sustainable electromobility with innovative battery materials and state-of the art technology,” Brudermüller said.