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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

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BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. The “Sixth-Generation Battery Project” will play a key role in production of vehicles for the NEUE KLASSE and create around 2,000 new jobs in the region.

BMW 457
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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in the April report for the Institute for Supply Management’s Manufacturing Index. As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles. for production and manufacturing, and tungsten is among them.

Supplies 380
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Nikkei analysis finds Tesla relies on China for 40% of battery supply chain

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An analysis by Nikkei in Japan concludes that nearly 40% of the suppliers for materials used in Tesla’s electric vehicle batteries are Chinese companies. China accounted for 40% of the 42 firms engaged in nonferrous smelting excluding aluminum smelters. Tesla is working to boost the resiliency of its lithium supply chain.

Supplies 150
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Benchmark: China will increase share of global cathode production to 87% in 2030

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Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. China’s output of cathode active materials increased more than four times between 2018 and 2022.

China 243
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TANAKA establishes production system in China for fuel cell electrode catalysts

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which operates an industrial precious metals business as a core company of TANAKA Precious Metals, signed a technical assistance agreement with Chengdu Guangming Paite Precious Metal Co., an affiliated company in China, in the area of fuel cell electrode catalyst manufacturing technologies. TANAKA Kikinzoku Kogyo K.K.,

China 170
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Benchmark: Africa’s lithium production to increase >10x this decade; potentially 12% of global supply

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Africa’s mined lithium production output is set to increase more than ten-fold this decade, according to Benchmark’s Lithium Forecast. This will increase the region’s strength in the supply of critical minerals beyond cobalt, which the continent has historically dominated.

Namibia 195