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BMW targeting doubling energy density of battery cells by 2030, with current i3 as basis

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In future, cobalt will be sourced directly from mines in Australia and Morocco, and lithium from countries including Australia. The company is also using battery storage systems to steadily optimise power supply at its plants around the world. The BMW Group has launched several major innovations with this in mind.

BMW
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Capital cost to build a 10k metric-ton battery precursor plant. Automakers in Europe can lower their emissions by shortening the transport distance and capitalizing on the DRC’s hydroelectric powered grid and proximity to raw materials. This is three times cheaper than what a similar plant in the US would cost. Source: BNEF.