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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. The BMW Group has also localized battery production in Thailand, where it is working with the Dräxlmaier Group. More than half of the 25 models will be fully electric.

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BMW Group launches battery component production in Leipzig and Regensburg

Green Car Congress

We expect at least 50 percent of the vehicles we deliver to our customers worldwide to be fully electric by 2030. And we are systematically expanding our production network for electric drive trains in response to this. Now, the location will also produce electric drivetrain components.

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

—Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG, Production and Supply Chain. Compact car class customers can look forward to two fully electric compact SUVs in the EQA and EQB in 2021. EQA will celebrate its world premiere on January, 20 2021 as the first fully electric derivative of this compact car.

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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 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 has also localized battery production in Thailand and is working with the Dräxlmaier Group in this area. The contract, with value of €2.9

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

This is markedly more than the previous year – car exports were almost 65% higher than in 2022, and electric car exports were 80% higher. The main export markets for these vehicles were Europe and countries in the Asia Pacific region, such as Thailand and Australia. In the United States , new electric car registrations totalled 1.4