BMW Group sources sustainable cobalt worth around €100M from Morocco for fifth-gen batteries
Green Car Congress
JULY 10, 2020
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.