BASF has been granted a license under the intellectual property of CAMX Power LLC (CAMX) relating to the CAMX suite of CAM-7TM cathode materials for lithium-ion batteries. CAM-7 is a patented cathode material that harnesses the unique properties of high-nickel compounds to deliver high energy density with high-power capability.

"In BASF testing, the CAM-7 product platform has shown strong performance and is believed to have the potential to further increase energy density of lithium-Ion batteries," said Kenneth Lane, President of BASF's Catalysts division. "CAMX has established a strong global IP position and we will be collaborating with CAMX's experienced technical staff to develop advanced processing techniques to bring these products to the marketplace."

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