Close menu




February 15th, 2023 | 12:01 CET

Altech Advanced Materials, Volkswagen, BASF - Innovative strength pushes growth

  • Technology
  • Innovations
  • Electromobility
  • chemicals
Photo credits: Volkswagen.newsroom

In the hunt for the precious raw materials needed for the energy transition, carmaker Volkswagen now has Canada on its radar. There, the Company wants to extract the lithium it so urgently needs for electric batteries. The Company would do well to reorganize its supply chains, and the EU is pushing for a CO2-friendly transformation of the automotive industry. The Company Altech Advanced Materials promises a higher performance of electric batteries. Its innovative technology allows electric batteries to perform better, which is ideal for the energy turnaround demanded by politicians. Chemical giant BASF is experiencing that politics cannot always be to the advantage of its own company. Once again, it is the EU that wants to ban a product...

time to read: 4 minutes | Author: Juliane Zielonka
ISIN: BASF SE NA O.N. | DE000BASF111 , Altech Advanced Materials AG | DE000A31C3Y4 , VOLKSWAGEN AG ST O.N. | DE0007664005

Table of contents:


    Uwe Ahrens, Director, Altech Advanced Materials AG
    "[...] We know exactly what we are doing and are implementing what we consider to be a proven technology in an industrially applicable and scalable way. [...]" Uwe Ahrens, Director, Altech Advanced Materials AG

    Full interview

     

    Altech Advanced Materials - 15% more power for electric batteries

    Consulting firm Roland Berger predicts a tight supply of critical raw materials for electric cars in the coming years.

    In the case of lithium, only small quantities are expected from Europe by the end of the decade. Subsequently, efforts will be made to develop new deposits in the region. Nickel demand depends on battery demand, cell chemistry (NCM versus LFP), and Chinese construction. According to Berger Senior Partner Wolfgang Bernhart, it will be "very difficult" to source sustainably produced nickel products. Although sufficient nickel is available worldwide, the quality grades do not meet the requirements to allow easy use for batteries.

    This makes innovations in the renewable energy sector all the more important, including increasing the performance capabilities of electric batteries. And this is precisely what the Company Altech Advanced Materials has made its main task.

    The team at Altech Advanced Materials has extensive experience with high-purity lithium and the production of ceramic base materials used in lithium-ion batteries. Using their proprietary process of coating anode material with aluminum oxide in ultra-thin layers, they are able to increase the performance and lifetime of electric batteries. The results the Company has achieved so far are in line with set expectations. The technology promises to increase performance by more than 15% over conventionally coated electric batteries.

    Today, February 15, CEO Uwe Ahrens will be available to answer questions from interested investors live at the 6th International Investment Forum. At 17:30 CET (11:30 am ET, 12:30 am KKT), he will give a 30-minute Investor Relations presentation followed by a live Q&A. Click here for the live broadcast. Registration is free and possible at any time on the day of the event.

    Volkswagen - New EV model teaser

    Something is happening at Volkswagen when it comes to electric cars. The official VW Channel has uploaded a short video, which starts with a request to turn on the sound. When you do, you hear tires crunching on snow, suggesting it could be a battery-electric product or a plug-in hybrid with an EV-only range. The distinctive tires and snowy surroundings indicate it will be a very rugged vehicle.

    Volkswagen's chief executive, Thomas Schaefer, says the brand will only make electric-powered cars in Europe from 2033.

    The European Parliament this Tuesday approved a law banning new fossil-fuel cars from being sold in the EU from 2035 to speed up the switch to electric vehicles and improve the climate change situation. However, when the law was proposed to the European Union in July 2021, it fell to opposition from some industries and countries. As a result, the final agreement includes some relief, including the ability for small automakers producing fewer than 10,000 vehicles per year to negotiate weaker targets through 2036.

    The new guidelines require automakers to reduce CO2 emissions from new cars by 100% by 2035, making it impossible to sell new gasoline and diesel vehicles in the Union of 27 countries. In addition, CO2 emissions from cars sold from 2030 will have to be cut by 55% from 2021 levels, higher than the current target of 37.5%.

    EU considers ban on BASF chemical

    And politics again: on Tuesday, the European Union launched an investigation into a proposal to restrict the widely used, potentially harmful substances known as PFAS, or "forever chemicals." This could represent the most far-reaching regulation of the chemical industry in the EU. Due to their ability to withstand extreme temperatures and corrosion, these chemicals are used in tens of thousands of different products, including cars, textiles, medical devices, windmills and non-stick pans.

    It is believed to be linked to some health risks, such as cancer, hormonal disorders, weakened immune systems, and environmental damage, when PFAS are used. Under CEFIC, a European chemical association, some manufacturers and users of PFAS have formed a lobby subgroup, including BASF, 3M, Bayer, Solvay, Merck KGaA and Teflon manufacturer Chemours.

    Five EU countries (Germany, the Netherlands, Denmark, Sweden and Norway) signed a joint declaration stating that the adoption would be one of the most far-reaching bans on chemical substances in Europe.

    The European Chemicals Agency (ECHA) will now appoint two scientific panels, one for risk assessment and one for socio-economic analysis, to consider whether the far-reaching EU chemicals regulation (REACH) proposal is viable.

    Initiatives to restrict PFAS are also underway in other regions. In August, the United States government announced it would propose to forever classify certain chemicals as hazardous substances under the US Superfund program.

    Investors overseeing USD 8 trillion in assets sent 54 companies a written demand in December to stop using PFAS. The draft estimates that annual medical costs resulting from PFAS exposures in Europe range from EUR 52 billion to EUR 84 billion (USD 55.72 billion to USD 90.01 billion).


    Large corporations like BASF and Volkswagen are running their R&D departments hot to meet EU regulations with innovations. It is much easier for Altech Advanced Materials, a lean publicly traded company, to further refine and commercialize its innovation in electromobility. CEO Uwe Ahrens shares insights on the Company's roadmap at today's 6th International Investment Forum. Click here to register.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Juliane Zielonka

    Born in Bielefeld, she studied German, English and psychology. The emergence of the Internet in the early '90s led her from university to training in graphic design and marketing communications. After years of agency work in corporate branding, she switched to publishing and learned her editorial craft at Hubert Burda Media.

    About the author



    Related comments:

    Commented by Juliane Zielonka on June 13th, 2024 | 06:45 CEST

    Carbon Done Right, Amazon, BASF after the EU elections - Which Green Economy Deals are really worthwhile?

    • Sustainability
    • CarbonCredits
    • chemicals
    • Retail

    The European Green Deal is a comprehensive initiative of the European Union to tackle the challenges of climate change and promote a sustainable economy. The key elements include reducing greenhouse gas emissions by at least 55% by 2030, promoting clean mobility and the circular economy, and preserving biodiversity. The green parties have lost around 20 seats in the European Parliament. What is the general situation regarding sustainability efforts to reduce CO₂ emissions? Carbon Done Right is a Canadian company that trades its own CO₂ emission certificates through reforestation and afforestation to facilitate barter deals with major players like Microsoft and Tesla. They offer satellite monitoring of tradeable areas via a dashboard for all participants. Amazon is also entering the agricultural market. In Southeast Asia, the IT company Axons uses AWS technology to improve local food cultivation. BASF, a well-known conglomerate and chemical giant, is now researching an active ingredient obtained from natural mammalian bacteria capable of producing low-CO₂ substances for the chemical industry. Where is an investment worthwhile?

    Read

    Commented by André Will-Laudien on June 12th, 2024 | 07:15 CEST

    After the election, buy a combustion engine now? Mercedes-Benz, Volkswagen, Globex Mining and BYD on the test track

    • Mining
    • Gold
    • Commodities
    • Electromobility
    • Batteries

    The crushing defeat of the green camp in the EU elections has caused a stir in the automotive industry. Will the ban on combustion engines be overturned in favour of a general openness to technology? It is well known that the best conventional vehicles come from Germany, and they are demonstrably no more harmful to the climate than current e-vehicles. Voters have finally lifted the green veil, and the doctrine of the know-it-alls is now in retreat. From a climate perspective, investing in battery storage systems makes sense, but they do not necessarily have to be installed in vehicles. How can investors benefit from the current situation?

    Read

    Commented by Fabian Lorenz on June 12th, 2024 | 07:00 CEST

    Shock at Plug Power! Thyssenkrupp Nucera and Altech Advanced Materials with up to 100% upside potential!

    • Batteries
    • Hydrogen
    • Innovations

    Alarm at Plug Power. After the price jump in May, the share has gone into reverse again and lost 10% of its value in just a few days. Financing worth billions for the struggling hydrogen pioneer is uncertain, bringing the Company's potential insolvency back into the focus of investors. German hydrogen hopeful Thyssenkrupp Nucera received positive analyst comments. Could the share perhaps even double in value? And what is Altech Advanced Materials doing? The shares of the German battery hopeful have bottomed out and may offer an entry opportunity. The market potential for Altech is huge.

    Read