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3M
3M Forms Strategic Relationship with ATL
April 3rd, 2009
3M has entered into strategic relationship and an agreement with Amperex Technologies Ltd. (ATL) that will expand the use of Nickel-Manganese-Cobalt (NMC) cathode materials in lithium ion batteries. 3M will become a strategic supplier of NMC cathode materials to ATL and will work jointly with ATL to develop new cathode, anode and electrolyte materials for the fast-growing lithium-ion battery industry. Lithium-ion batteries are used in handheld consumer electronics devices and in automobiles. Under the agreement, 3M granted ATL a license to 3M intellectual property for the use of 3M NMC cathode materials in lithium-ion batteries. 3M battery cathodes...
Source: Health Business Week (2009-04-03)
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