BMW wants batteries made in Europe and the US, no longer in China
By the AFREEQUE newsroom, based on Seneweb
BMW expects to receive, by the end of the decade, its first sixth-generation batteries produced in Europe and the United States, at sites of South Korean groups Samsung and LG. The German carmaker wants to reduce the transport of raw materials and secure its supply chain, according to Nicolai Martin, a member of its board.
German carmaker BMW wants to buy more batteries designed in Europe and the United States. The components of these sixth-generation batteries will be made at US and European sites of South Korean groups Samsung and LG.
By the end of the decade, BMW expects to receive its first deliveries of batteries made no longer in China but in Europe and the United States. The group thereby intends to reduce the transport of its raw materials and strengthen the security of its supply chain. Most batteries for electric vehicles currently come from China.
"These partnerships allow us to strengthen value creation in Europe and the United States," said Nicolai Martin, member of BMW’s board responsible for purchasing and the supplier network. In Europe, Samsung competes with Chinese companies such as CATL and EVE Energy in battery design.
