During the 2025 Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements (CNE), BASF entered into a four-party strategic partnership with Hefei Gotion High-Tech Power Energy (Gotion), China Gas Holdings, BASF Shanshan Battery Materials (BASF Shanshan).

This strategic collaboration will focus on the joint development of energy storage systems, the application of next-generation battery materials, the commercialization 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. The strategic partnership also strives to further innovate in energy storage technologies and promote mass adoption of clean energy, supporting China’s “dual carbon” goals.

“We need more partners to join our efforts to achieve the ‘dual carbon’ goals and green transformation,” said Dr. Jeffrey Lou, President and 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 deeply engaged in the battery materials industry for 22 years, focusing on independent research and development with strong technological innovation capabilities. The company has consistently served the electric vehicles and consumer electronics sectors, contributing to the development of the new energy industry. “We are excited to collaborate with BASF China and our partners in the industry to promote the advancement of circular economy by fully leveraging each party’s strengths in technologies and resources,” said Desmond Long.

“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. “By integrating the technological strengths of our partners, I am confident that we will deliver solutions that are both cost-effective and technologically advanced, setting a new industry standard.”

Minghui Liu, Chairman and President of China Gas, emphasized that as they accelerate toward its dual carbon goals, the strategic 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. Minghui Liu expressed strong confidence in the partnership, “China Gas looks forward to working with all stakeholders to build a resilient new energy ecosystem and deliver safe, efficient, and sustainable energy solutions.”