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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. Cobalt is an important raw material for electromobility.

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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. —Oliver Zipse, Chairman of the Board of Management of BMW AG. —Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

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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. billion for the BMW Group and €2.8 billion for the Chinese production site of the BMW Brilliance Automotive Ltd. billion for the BMW Group and €2.8 Limited) and Samsung SDI.

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BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia

Green Car Congress

As part of its electromobility expansion, the BMW Group is deepening its existing business relationship with Ganfeng Lithium based in Jiangxi (China). In this way, the BMW Group is securing 100% of its lithium hydroxide needs for fifth-generation battery cells in its high-voltage batteries. —Andreas Wendt.

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Here’s how China’s BYD is working on its image problem

Baua Electric

European consumers have no inkling of Chinese brands,” Daniel Kirchert, the head of e-mobility consultancy Noyo and former BMW executive, told Automotive News Europe. Electrek reported yesterday that BYD had just signed a preliminary land purchase deal for its EV plant in Hungary. It is also building plants in Brazil and Thailand.

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

Baua Electric

In the meantime, in Europe, BMW was once pushing the concept that consumers want to have a call and that they’d trade in their usual vehicles with ICE or BEV choices. 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.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

It can do this with little disruption to the way homes and industry purchase and use energy today. We can set a goal to have every new vehicle purchased be a PHEV. Then the package-purchaser of a PHEV linked with a solar or wind generator has essentially bought a vehicle and its fuel for the life of the vehicle.

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