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 signing this supply contract with Managem today, we are continuing to secure our raw material needs for battery cells. This will secure our long-term need for battery cells.
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