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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. —Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. This was underpinned by the BMW Group’s financial participation in the firm.

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

Green Car Congress

Daimler currently has battery cell supply deals with SK Innovation, LG Chem and China’s Contemporary Amperex Technology (CATL). In this way, together with our partners, we ensure the supply of our global battery production network today and in the future using the latest technologies.

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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 Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group has also localized battery production in Thailand and is working with the Dräxlmaier Group in this area.

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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. The main export markets for these vehicles were Europe and countries in the Asia Pacific region, such as Thailand and Australia.

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Mercedes-Benz prepares car production network for new electric portfolio

Green Car Congress

—Jörg Burzer, Member of the Board of Management of Mercedes-Benz Group AG, Production and Supply Chain. Battery systems will be supplied by the global Mercedes-Benz battery production network. It supplies the vehicle plants, which produce for the local market. Global battery production network.

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How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

The corporate introduced 8 industrially produced fashions (ES8, ES6, EC6, EC7, ES7, ET7, ET5, ET5 Traveling) in 5 years between 2018 and July 2023. So in China, you’ll be able to’t purchase, for instance, a Volkswagen Passat, however it’s important to purchase a SAIC-Volkswagen Passat. 4 and FAW-VW ID.4

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