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BASF, Porsche to Develop High-performing Lithium-ion Batteries

BASF, Porsche to Develop High-performing Lithium-ion Batteries

Wednesday, 21 July, 2021 - 08:15
The Porsche logo is seen on the second press day of the Paris auto show, in Paris, France, October 3, 2018. (Reuters)

Germany's BASF said on Wednesday it has been chosen as the exclusive partner to develop high-performing lithium-ion batteries for electric vehicles with Cellforce Group, a joint venture between Porsche and Customcells.


As part of the collaboration, BASF will provide materials for high-performance battery cells for fast charging and high energy density. Cellforce Group will produce the high-performing battery, Reuters reported.


Sources told Reuters last month that Volkswagen was seeking closer ties with Germany's BASF, one of the world's largest suppliers of battery materials."


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