Lithium iron phosphate (LFP) is an innovative cathode material used in the production of advanced lithium-ion batteries (LiBs). LFP cathode materials can be used in all types of LiBs and are best suited for high-power applications such as hybrid vehicles (HV) and grid storage batteries.
BASF SE has signed a long-term licensing agreement to acquire global rights for the production and sale of LFP battery materials technology from LiFePO4+C Licensing AG, Muttenz, Switzerland, an affiliate of Clariant AG, Switzerland. LiFePO4+C Licensing represents the patent owners for this technology: Hydro-Québec, Montréal; Université de Montréal; and Centre National de la Recherche Scientifique (CNRS), Paris. This provides a strong complement to BASF’s current activities in Nickel-Cobalt-Manganese (NCM) cathode materials for LiBs. It becomes the only company worldwide that is licensed to produce and market LiB materials by both the Argonne National Laboratory, the global leader in NCM technology, and LiFePO4+C, which licenses a leading patent portfolio in LFP technology.
- BASF SE, Ludwigshafen, Germany