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BMW Group sources sustainable cobalt worth around €100M from Morocco for fifth-gen batteries

Green Car Congress

The two companies already signed a memorandum of understanding on the direct purchase of cobalt from Morocco in Marrakesh in January 2019. By 2023, we aim to have 25 electrified models in our line-up—more than half of them fully-electric. Cobalt is an important raw material for electromobility. —Andreas Wendt.

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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. Every cell generation is awarded in global competition to the leading manufacturer from both a technology and a business perspective. 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

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. With the signing of this contract, we are securing our lithium needs for battery cells. —Andreas Wendt.

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