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BMW Group sources sustainable cobalt worth around €100M from Morocco for fifth-gen batteries

Green Car Congress

JULY 10, 2020

The two companies already signed a memorandum of understanding on the direct purchase of cobalt from Morocco in Marrakesh in January 2019. By 2023, we aim to have 25 electrified models in our line-up—more than half of them fully-electric. Cobalt is an important raw material for electromobility. —Andreas Wendt.

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Morocco BMW Batteries Battery 225
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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

NOVEMBER 21, 2019

The BMW Group will source the cobalt needed as a key raw material for cell production directly from mines in Australia and Morocco and make it available to CATL and Samsung SDI. More than half of the 25 models will be fully electric. The BMW Group will double its sales of electrified vehicles between 2019 and 2021.

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BMW Batteries Battery Fully Electric 220
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