Nanotech Energy to partner with BASF to enable production of lithium-ion batteries in North America with locally recycled content and low CO₂ footprint

BASF, a global battery materials producer, and Nanotech Energy, a developer of graphene-based energy storage products, have agreed to partner to significantly reduce the CO2 footprint of Nanotech’s lithium-ion batteries for the North American market. The agreement aims to close the loop for lithium-ion batteries in North America, with BASF producing cathode active materials from recycled metals in Battle Creek, Michigan, for the usage in lithium-ion battery cells produced by Nanotech Energy. Feeding recycled metals into the production of new lithium-ion batteries can reportedly reduce the CO2 impact of batteries by about 25% compared to the use of primary metals from mines.