BASF is announcing a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain. This state-of-the art plant will produce cathode active materials (CAM) with an initial capacity enabling the supply of around 400,000 full electric vehicles per year with BASF battery materials.

The plant in Schwarzheide will use precursors (PCAM) from BASF’s previously announced plant in Harjavalta, Finland. Startup of the two plants is planned for 2022.

With these investments in Finland and Germany, BASF will be the first CAM supplier with local production capacities in today’s three major markets – Asia, the U.S. and Europe.