BASF announced on 12 January that it had invested US$50m to acquire an unconfirmed percentage of the equity in Sion Power, the developer of lithium-sulphur (Li-S) batteries, based in Tucson, Arizona. This equity partnership expands upon an existing joint development agreement that BASF Future Business GmbH established with Sion Subscribe to Automotive World to continue … Continued
BASF announced on 12 January that it had invested US$50m to acquire an unconfirmed percentage of the equity in Sion Power, the developer of lithium-sulphur (Li-S) batteries, based in Tucson, Arizona.
This equity partnership expands upon an existing joint development agreement that BASF Future Business GmbH established with Sion
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https://www.automotiveworld.com/articles/91498-us-basf-invests-us-50m-in-sion-power-stake/
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