Through cooperation with BASF, Contemporary Ampere Technology Co., Ltd. will form a localized battery recycling network and establish a guaranteed raw material supply chain, thus enhancing its customer service capability in Europe.
Contemporary Ampere Technology Co., Ltd. is the world's leading new energy innovation technology company, committed to providing first-class solutions and services for global new energy applications. The first European factory of Contemporary Ampere Technology Co., Ltd. is being built in Germany, aiming to realize the localized production of lithium-ion batteries, which shows that Contemporary Ampere Technology Co., Ltd. is accelerating the pace of building a local supply chain for European customers and consumers.
As the world's largest supplier of chemicals in the automotive industry, BASF has established a strong market advantage in the field of cathode active materials, with manufacturing and R&D footprints all over the world and a wide product portfolio, including medium-high nickel, manganese-rich and cobalt-free cathode active materials.
In Europe, with its advanced technology, optimized clean energy combination, guaranteed local raw material supply chain and shorter and more efficient supply chain logistics, BASF cathode material production will achieve industry-leading carbon footprint.
The strategic cooperation with Contemporary Ampere Technology Co., Ltd. will enable BASF to cooperate closely with the world's leading battery suppliers in the field of cathode materials and battery recycling, which will further deepen BASF's professional accumulation and strengthen its global market position.
Zhou Jia, president of Contemporary Ampere Technology Co., Ltd., said: "Establishing a partnership with BASF is an important step in our localization process in Europe. With the innovative battery technology of Contemporary Ampere Technology Co., Ltd. and BASF's deep expertise in the field of materials, we will further enhance our ability to serve global customers and accelerate the goal of global carbon neutrality. "
Dr Kelly, member of the executive board of BASF Europe, said: "The transition to electric transportation requires a strong partnership throughout the value chain. Combining BASF's leading position in the global cathode active material market with contemporary Amperex Technology Co, Limited's strong professional technical knowledge in the field of lithium-ion batteries will accelerate innovation and accelerate the formation of a sustainable battery value chain on a global scale. "