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Glencore, ACE Green in 15-year offtake agreement for recycled lead and Li-ion battery materials

Green Car Congress

ACE Green Recycling (ACE), a global recycling technology and supply chain platform, and diversified mining firm Glencore plc will enter a long-term supply agreement for recycled lead as well as key battery-metal-based end products from recycled lithium-ion batteries. The parks are expected to be complete by 2024.

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

Green Car Congress

Recently the BMW Group signed a cobalt supply contract with Moroccan mining company Managem Group ; the contract has a volume of around €100 million, said Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. This will secure our long-term need for battery cells.

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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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Mercedes-Benz Cars to build battery factory in Jawor, Poland; ninth in its global network

Green Car Congress

Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. We will produce batteries on our own, what we consider a significant success factor in the era of electric mobility. Global battery production network.

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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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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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