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BMW Group forges forward with e-mobility and secures long-term battery dungeon needs – sum sequence volume of some-more than 10 billion euros awarded

Munich / Seoul. The BMW Group is forging forward with
electromobility and deepening a existent business relations with
battery dungeon manufacturers CATL (Contemporary Amperex Technology Co.
Limited) and Samsung SDI.

 

The strange CATL sequence volume of 4 billion euros announced in
mid-2018 will now be increasing to 7.3 billion euros (contract duration
from 2020 to 2031), with 4.5 billion euros for a BMW Group and 2.8
billion euros for a Chinese prolongation site of a BMW Brilliance
Automotive Ltd. (BBA) corner try in Shenyang. The BMW Group is the
initial patron of a CATL battery dungeon plant now under
construction in Erfurt, Germany. “We strongly upheld and played an
active partial in substantiating CATL in Germany,” pronounced Dr. Andreas Wendt,
member of a Board of Management of BMW AG obliged for Purchasing
and Supplier Network.

 

The BMW Group has also sealed a long-term supply agreement for its
fifth-generation electric expostulate trains with a second battery cell
supplier, Samsung SDI. The contract, with value of 2.9 billion euros,
extends from 2021 to 2031. “In this way, we are securing a long-term
battery dungeon needs. Every dungeon era is awarded in global
foe to a heading manufacturer from both a record and a
business perspective. This ensures we always have entrance to a best
probable dungeon technology,” Wendt announced during a retailer eventuality today
in Seoul, South Korea.

 

The BMW Group will source a cobalt indispensable as a pivotal tender element for
dungeon prolongation directly from mines in Australia and Morocco and make
it accessible to CATL and Samsung SDI. The same relates to lithium,
that a BMW Group will also source directly from mines, including
from Australia. This gives a association full clarity over where
both tender materials come from. Compliance with environmental standards
and honour for tellurian rights have a top priority. The BMW
Group’s fifth-generation electric expostulate trains from 2021 on will also
be constructed wholly but regulating singular earths. “This means we will no
longer be contingent on their availability,” explained Wendt.

 

Extensive in-house imagination in battery cell
technology
The BMW Group possesses endless in-house
imagination via a whole value sequence for battery cell
technology. In-house battery prolongation takes place during BMW Group
Plants Dingolfing (Germany) and Spartanburg (USA), and during a BBA
plant in Shenyang (China). The BMW Group has also localised battery
prolongation in Thailand and is operative with a Dräxlmaier Group in
this area.

 

On 14 November, a association non-stop a Battery Cell Competence Centre
in Munich. The aim of a cunning centre is to allege battery cell
record and deliver it into prolongation processes. The company
invested a sum of 200 million euros in a location, that is set to
emanate adult to 200 jobs. The prolongation of battery dungeon prototypes makes
it probable to analyse and entirely know dungeon value creation
processes. “Whether we afterwards furnish a cells ourselves during a later
date, will mostly count on how a retailer marketplace develops,”
according to Wendt.

 

The BMW Group has shaped a corner record consortium with Swedish
battery manufacturer Northvolt and Umicore, a Belgian developer of
battery materials, for a purpose of building a dungeon technology
essential to electromobility. The team-work will concentration on formulating a
complete, tolerable value sequence for battery cells in Europe,
fluctuating from expansion and prolongation all a approach to recycling.
Recycling of battery components plays a wilful purpose in shutting the
materials cycle as distant as probable and maximising reuse of raw
materials as direct for battery cells grows.

 

BMW Group is a colonize in electromobility – 25 electrified
models by 2023

By 2023, a BMW Group will have 25 electrified models in its
line-up. The basement for this is combined by stretchable vehicle
architectures for fully-electric vehicles, plug-in variety and models
with explosion engines that capacitate a association to respond fast to
changing conditions. More than half of a 25 models will be fully
electric. The BMW Group will double a sales of electrified vehicles
between 2019 and 2021. The association expects to see a high expansion curve
adult to 2025: Global sales of electrified vehicles should boost by an
normal of over 30 percent each year. In Europe, a association is also
following an desirous expansion logic: The aim is to boost the
commission of electrified vehicles in a new car swift to a
entertain in 2021 and to a third in 2025; by 2030, they should account
for half of sales volumes.

 

As an e-mobility pioneer, a BMW Group is already a heading supplier
of electrified vehicles. By a finish of 2019, a association aims to have
some-more than half a million vehicles with fully-electric or plug-in
hybrid expostulate trains on a roads. Within dual years, a BMW Group will
offer 5 fully-electric series-production vehicles: Alongside the
BMW i3*, with some-more than 160,000 units built to date, this year will
see a start of prolongation of a fully-electric MINI* during Plant
Oxford. This will be followed in 2020 by a fully-electric BMW iX3
from Shenyang (China) and, in 2021, by a BMW iNEXT, that will be
constructed in Dingolfing and a BMW i4 from Plant Munich.

 

 

Please hit us if we have any questions:

 

Corporate Communications

 

Saskia Eßbauer, Corporate Communications

[email protected],
Telephone:
+49 89 382 18364

 

Mathias Schmidt, Head of Corporate and Culture Communications

[email protected],
Telephone:
+49 89 382 24544

 

Internet: www.press.bmwgroup.com

Email: [email protected]

 

The BMW Group

With a 4 brands BMW, MINI, Rolls-Royce and BMW Motorrad, a BMW
Group is a world’s heading reward manufacturer of automobiles and
motorcycles and also provides reward financial and mobility services.
The BMW Group prolongation network comprises 31 prolongation and assembly
comforts in 15 countries; a association has a tellurian sales network in
some-more than 140 countries.

In 2018, a BMW Group sole over 2,490,000 newcomer vehicles and
some-more than 165,000 motorcycles worldwide. The distinction before taxation in the
financial year 2018 was € 9.815 billion on revenues amounting to
€ 97.480 billion. As of 31 Dec 2018, a BMW Group had a
workforce of 134,682 employees.

The success of a BMW Group has always been formed on long-term
meditative and obliged action. The association has therefore established
ecological and amicable sustainability via a value chain,
extensive product shortcoming and a transparent joining to
conserving resources as an constituent partial of a strategy.

 

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