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

Green Car Congress

Recently the BMW Group signed a cobalt supply contract with Moroccan mining company Managem Group ; the contract has a volume of around €100 million, said Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. Managem is one of the world’s 5 largest producers of high-purity cobalt cathodes.

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BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia

Green Car Congress

Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. For the BMW Group’s purchasing experts, ethically responsible raw material extraction and processing begins at the mines themselves. Cobalt will be sourced directly from mines in Australia and Morocco in the future.

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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. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. Limited) and Samsung SDI. billion (contract duration from 2020 to 2031), with €4.5

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