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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

The BMW Group is deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. The BMW Group is the first customer of the CATL battery cell plant currently under construction in Erfurt, Germany. In this way, we are securing our long-term battery cell needs.

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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The battery cells will be produced in Europe at the Northvolt gigafactory currently under construction in Skellefteå in northern Sweden (series plant Northvolt Ett) from 2024.

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Daimler buying more than €20B of battery cells for electric drive vehicles by 2030

Green Car Congress

Daimler will buy more than €20 billion (US$23 billion) of battery cells for electric drive vehicles by 2030, the company announced. The suppliers are already producing battery cells in Asia and Europe and are continuing to expand in Europe and additionally in the US.

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Nissan launches all-new Note in Japan, exclusively with second-generation e-POWER electrified powertrain

Green Car Congress

Nissan launched the all-new Note compact car in Japan, with sales planned to begin 23 December. The new Note features the second generation of Nissan’s e-POWER electric powertrain—a series-hybrid drive system in which the only function of the combustion engine is to act as a generator to produce power for the battery.

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Hitachi Chemical acquires 43.9% of Thai lead-acid battery company, plans to buy more

Green Car Congress

is acquiring a large portion of the Thai Storage Battery Public Company Limited (TSB Company), a manufacturer of automotive and industrial lead-acid storage batteries mainly in Southeast Asia, with a high market share in Thailand and elsewhere. Hitachi Chemical Co., Hitachi Chemical has acquired 43.9%

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. In Q1, sales grew by about 25% year-over-year – similar to the growth rate seen in the same period a year earlier but from a larger base.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies. What is the mystery behind it?.

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