BASF Licenses Battery Material From CAMX Power
BASF has taken a license from US-based CAMX Power relating to the CAMX suite of CAM-7 cathode materials for lithium-ion batteries. CAM-7 is a patented cathode material that the German chemical producer said “harnesses the unique properties of high-nickel compounds to deliver high energy density with high-power capability.”
In BASF testing, the CAM-7 product platform has shown strong performance and the company believes it has the potential to further increase energy density of lithium-Ion batteries, said Kenneth Lane, president of the Catalysts division.
CAMX has established a strong global IP position, and BASF will be collaborating with the company’s experienced technical staff to develop advanced processing techniques to bring these products to the marketplace, Lane added.
According to BASF, the CAM-7 cathode material platform for advanced lithium-ion batteries, developed for over a decade by CAMX Power and now globally patent-protected, has been shown by key entities in the industry to be capable of extending the range of electric vehicles and the run time between charges in portable devices.
“With CAM-7 added to its cathode portfolio, and with its extensive battery material production facilities globally as well as its deep manufacturing and process technology expertise, BASF is in an ideal position to rapidly scale up production to meet the upcoming spike in demand for high energy cathodes,” said Kenan Sahin, founder and CEO of CAMX.
