Remove 2018 Remove Fully Electric Remove Supplies Remove Thailand
article thumbnail

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 BMW Group recognised Northvolt’s potential and expertise early: In mid-2018, the BMW Group entered a cooperation to develop battery cells with the company formed in 2016.

BMW 239
article thumbnail

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

Green Car Congress

The original CATL order volume of four billion euros announced in mid-2018 will now be increased to €7.3 The BMW Group has also signed a long-term supply contract for its fifth-generation electric drive trains with its second battery cell supplier, Samsung SDI. More than half of the 25 models will be fully electric.

BMW 220
article thumbnail

Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

—Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG, Production and Supply Chain. Compact car class customers can look forward to two fully electric compact SUVs in the EQA and EQB in 2021. EQA will celebrate its world premiere on January, 20 2021 as the first fully electric derivative of this compact car.

Mercedes 259
article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

This is more than six times higher than in 2018, just 5 years earlier. Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% five years earlier, in 2018. These trends indicate that growth remains robust as electric car markets mature. Around 2% of all cars sold were electric.