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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. Sustainability is an important aspect of our corporate strategy and plays a key role in expanding electromobility. More than half of the 25 models will be fully electric. —Andreas Wendt.

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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. Supply contracts will ensure the company’s security of supply up to 2025 and beyond.

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