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

Green Car Congress

The two companies already signed a memorandum of understanding on the direct purchase of cobalt from Morocco in Marrakesh in January 2019. By signing this supply contract with Managem today, we are continuing to secure our raw material needs for battery cells. We are systematically driving electrification of our vehicle fleet.

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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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