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

Green Car Congress

With this order the BMW Group will cover about one-fifth of its cobalt needs for the fifth generation of electric drive trains. 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.

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

Green Car Congress

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. The BMW Group will source the cobalt needed as a key raw material for cell production directly from mines in Australia and Morocco and make it available to CATL and Samsung SDI. The BMW Group’s fifth-generation electric drive trains from 2021 on will also be produced entirely without using rare earths.

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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. We are fully aware of our responsibilities: Lithium and other raw materials must be extracted and processed under ethically responsible conditions. Cobalt will be sourced directly from mines in Australia and Morocco in the future. billion with Samsung SDI for its fifth-generation electric drive trains (contract: 2021 to 2031).

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