The CAM-7 cathode material platform for advanced lithium-ion batteries, developed for over a decade by CAMX Power and now globally patent-protected, has been shown by key entities in the industry to be capable of extending the range of electric vehicles and the run time between charges in portable devices.

"We believe that BASF, as the world's largest chemical company, with CAM-7 added to its cathode portfolio, and with its extensive battery material production facilities globally as well as its deep manufacturing and process technology expertise, is in an ideal position to rapidly scale up production to meet the upcoming spike in demand for high energy cathodes, a critical lithium-ion battery component, accounting for as much as a third of the cost," said Dr. Kenan Sahin, founder and CEO of CAMX.
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