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german chemicals

BASF entering electric vehicle market

Thu, 07/19/2012 - 18:02 -- Ruth Williams

Europe’s lone wolf in cathode material provisions, Umicore, is to have competition in the form of German chemical maker BASF.  BASF will invest heavily to become a leading supplier in automotive battery materials based on market predictions for developments in the EV market to develop vehicles with a range of 250km in the next five years.

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