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Germany's BASF, China's CATL Enter Cathode Active Materials Supply Deal

MT Newswires·07/28/2025 11:37:28
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11:37 AM EDT, 07/28/2025 (MT Newswires) -- BASF (BAS.F), via its BASF Battery Materials subsidiary, signed a cathode active materials framework agreement with China-based Contemporary Amperex Technology Co Ltd, or CATL. The German chemicals company said Monday it will serve as CATL's important supplier and support the latter's global business development through BASF's worldwide production network.