In an agreement that could bring major improvements in electric-car battery technology, the Department of Energy's Argonne National Laboratory and BASF, the world's largest chemical company, have signed a world-wide licensing agreement to mass produce and market Argonne's patented composite cathode materials to manufacturers of advanced lithium-ion batteries.
The new technology could produce better, longer-range batteries for the Chevrolet Volt plug-in electric hybrid vehicle. (Photo: Chevrolet) ยป More Photos
Contingent upon winning a DOE grant under Recovery Act – Electric Drive Vehicle Battery and Component Manufacturing Initiative, BASF plans to build one of North America’s largest cathode material production facilities in Elyria, Ohio. BASF will conduct further lithium-ion battery material application development in its current Beachwood, Ohio, facility.
"This licensing agreement has the potential to put the United States several steps closer to reaching President Obama's goal of having one million Plug-in Hybrid Electric Vehicles on the road by 2015," said Argonne director Eric Isaacs. "The transfer of Argonne-developed battery technology to BASF provides a stellar example of why DOE invests
taxpayer dollars into scientific research and development.”
The patented cathode materials licensed to BASF are part of a large and diverse suite of lithium-ion battery inventions and patents developed at Argonne with funding from DOE's Vehicle Technologies Program. The further development and commercialization of the cathode materials will result in advanced batteries that are higher-performing, longer-lasting and safer when compared to the existing technology that has dominated the market for nearly two decades.
“BASF is excited to begin this partnership with Argonne National Laboratory as we look to advance the lithium-ion battery market in North America,” said Joseph Breunig, BASF president of market and business development. “The aim … is to make lithium-ion battery use realistic, affordable and widely available. Partnerships like this are exactly the type of public-private investment commitment that will create a more sustainable environment, help move the economy forward, and create new jobs.”