BASF picks Canada to expand supplies for booming EV battery market

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OTTAWA/FRANKFURT :BASF SE secured land for a planned battery materials facility in Canada, and the country's industry minister said on Friday it would be the 'first pillar' of the country's drive to ensure the future of the electric vehicle manufacturing sector.The German company said the facility in Becancou

OTTAWA/FRANKFURT :BASF SE secured land for a planned battery materials facility in Canada, and the country's industry minister said on Friday it would be the"first pillar" of the country's drive to ensure the future of the electric vehicle manufacturing sector.

Canada's Industry Minister Francois-Philippe Champagne, in a telephone interview, confirmed the government planned on supporting BASF's"substantial" investment, without providing details. BASF, in partnership with Japan's Toda Kogyo Corp, already produces CAM at two locations in North America - Ohio and Michigan - including nickel cobalt aluminum oxide and nickel cobalt manganese oxide.

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