Nano One Materials announced this week that they have signed a joint development agreement with BASF.
Nano One, a Vancouver-based battery innovator, says it will leverage the active chemical company’s extensive experience to co-develop a process with reduced by-products for the commercial production of next-generation cathode active materials.
BASF has a proven track record of developing these products in collaboration with others, according to Nano One, who says the partnership will result in higher flexibility in terms of manufacturing approach and resulting product performance, as well as reduced energy consumption.
“BASF is a global leader in chemistry and high performance lithium-ion battery cathode materials, and we are proud to be forging new ground with them to improve performance, cost and environmental footprint for CAM production,” said Nano One CEO Dan Blondal. “There is a tremendous opportunity to jointly differentiate the production processes and products for a more resilient and sustainable supply chain.”
The joint development plan has various phases and stage gates.
“Nano One has an advanced technology with the potential to improve the product performance of our high-performance cathode active materials and to further simplify the synthesis of battery materials,” noted Dr. Heiko Urtel, Vice President Global of R&D Battery Materials for BASF.
Nano’s clean technology is applicable to electric vehicle, energy storage, consumer electronic and next-generation batteries. Following government funding in 2020, the BC company went public on the Toronto Stock Exchange last June.