Basbar, BASF and Clariant sign joint development cooperation agreement

Basbar, BASF and Clariant signed a strategic cooperation agreement in Shenzhen to jointly develop new materials for high-power charging systems for new energy vehicles. Basbar will lead the market and product development, while BASF and Clariant will be responsible for new material development. The three parties will share resources, technology and market information to jointly promote the development of high-power charging systems.