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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 boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group has also signed a long-term supply contract for its fifth-generation electric drive trains with its second battery cell supplier, Samsung SDI. More than half of the 25 models will be fully electric.

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

Green Car Congress

The two companies have signed a 5-year (2020 - 2024) supply contract for the lithium needed as a key raw material for battery cells. We aim to have 25 electrified models in our line-up by 2023 and more than half will be fully electric. Cobalt will be sourced directly from mines in Australia and Morocco in the future.

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