BASF, Gotion, China Gas, and BASF Shanshan in partnership for new energy ecosystem
German chemicals firm BASF recently entered into a four-party strategic partnership with Hefei Gotion High-Tech Power Energy Co., Ltd. (Gotion), China Gas Holdings Limited (China Gas), and BASF Shanshan Battery Materials Co., Ltd. (BASF Shanshan).
This collaboration will focus on the joint development of energy storage systems, the application of next-generation battery materials, the commercialisation of energy storage projects, and green energy solutions.
The four parties aim to establish a strategic alliance to build a closed-loop ecosystem for the new energy value chain.
“We need more partners to join our efforts to achieve the ‘dual carbon’ goals and green transformation,” said Jeffrey Lou, President/Chairman of BASF Greater China. “We firmly believe that through our strong alliance with Gotion, China Gas, and BASF Shanshan, we will further accelerate innovation in energy storage technologies and the wide adoption of clean energy. Together, we will create strong synergies and expedite our common goal of achieving sustainability.”
Desmond Long, CEO of BASF Shanshan, stated that BASF Shanshan has been engaged in the battery materials industry for 22 years, focusing on independent R&D for the electric vehicles and consumer electronics sectors.
“Gotion will focus on the market development of this partnership, and drive its implementation. By leveraging the material expertise of BASF and BASF Shanshan, alongside the extensive network resources of China Gas, we will target key sectors such as industrial and commercial energy storage, integrated photovoltaic charging, storage and swapping stations. To support this, we will also establish a dedicated team to develop tailored market strategies,” stated Qisui Wang, Executive President of Gotion. “
Minghui Liu, Chairman/President of China Gas, emphasised that the partnership among the four parties marks a significant milestone in China Gas’s expansion into the new energy sector. This collaboration not only promotes the adoption of clean energy but also pioneers an innovative “energy storage + biomass” model, supporting the China Gas Group’s transformation into a low-carbon, intelligent integrated energy service provider.
