BASF breaks ground on second plant as it positions itself as Europe’s key lithium-ion cathode supplier

Chemical firm BASF has broken ground on its cathode active materials production plant in Schwarzheide, Germany, less than a year after announcing the project.

The plant is scheduled to start making enough materials for 400,000 full electric vehicles per year in 2022 as part of BASF’s investment plan in the European battery materials market.