01 Growing Adoption of Lithium-Ion Batteries in Electric Vehicles (evs) The growing adoption of lithium-ion batteries in electric vehicles (EVs) is a significant trend shaping the lithium-ion battery dispersant market. Lithium-ion batteries are preferred for their high energy density, longer cycle life, and faster charging capabilities, which are critical for EV performance. According to the International Energy Agency (IEA), over 4 million electric cars were sold globally in Q1 2025, marking a 35% increase compared to Q1 2024. This surge is expected to push total EV sales to over 20 million units by the end of the year, representing more than 25% of all new car sales worldwide. This rapid growth drives demand for advanced battery components such as dispersants that enhance battery stability and longevity, enabling safer, more efficient energy storage solutions in next-generation electric vehicles.
September 2025 BASF's dispersions plants in Dahej and Mangalore, India, received REDcert² certification, enabling the supply of certified low-carbon-footprint, biomass-balanced water-based polymer dispersions used in high-performance industrial applications, including battery material processing.
July 2025 BASF Battery Materials and CATL signed a global framework agreement for advanced cathode active materials, expanding collaboration on innovative lithium-ion battery materials and reinforcing BASF's role in battery manufacturing supply chains.
June 2025 BASF, Gotion High-Tech, China Gas, and BASF Shanshan Battery Materials formed a strategic partnership to accelerate the development of energy storage systems, next-generation battery materials, and commercialization of battery technologies, strengthening the lithium-ion battery materials ecosystem.
May 2025 BASF and Group14 Technologies announced a collaboration to develop a market-ready silicon anode solution combining BASF's Licity® 2698 X F battery binder technology with Group14's SCC55® silicon material to improve lithium-ion battery performance and durability.