Lithium-ion battery industry moves forward

From technology advances to manufacturing capacity expansions, the foundation of the lithium-ion battery industry is becoming stronger and more viable.

Battery companies around the world are heavily investing in research to maximize the potential of lithium, as are governments and universities-with some risk. Also striving for lower costs and better products are companies along the entire battery supply chain-from lithium miners to battery recyclers.

Right at the heart of the industry and technology sits global chemical giant BASF. The 160-year-old German materials company is a relative newcomer to lithium-ion battery technology but is making a major commitment to the technology.