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

Green Car Congress

The two companies have signed a 5-year (2020 - 2024) supply contract for the lithium needed as a key raw material for battery cells. We aim to have 25 electrified models in our line-up by 2023 and more than half will be fully electric. Sustainability and security of supply are important factors in the expansion of electromobility.

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Nissan launches all-new Note in Japan, exclusively with second-generation e-POWER electrified powertrain

Green Car Congress

Nissan launched the all-new Note compact car in Japan, with sales planned to begin 23 December. The new Note features the second generation of Nissan’s e-POWER electric powertrain—a series-hybrid drive system in which the only function of the combustion engine is to act as a generator to produce power for the battery.

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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. Cobalt is an important raw material for electromobility.

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Daimler buying more than €20B of battery cells for electric drive vehicles by 2030

Green Car Congress

Daimler will buy more than €20 billion (US$23 billion) of battery cells for electric drive vehicles by 2030, the company announced. Daimler currently has battery cell supply deals with SK Innovation, LG Chem and China’s Contemporary Amperex Technology (CATL).

Buy 259
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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

Yet another electric ute has been unveiled, this time by Taiwanese industrial giant Hon Hai. It also described it as having the ability to traverse “all terrains”, which suggests it has a dual-motor all-wheel-drive powertrain. sec 0-100km/h time and 700km electric range. It boasts a 3.8 Foxconn’s EV lineup.

Global 52
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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The number of EVs sold globally in Q1 2024 is roughly equivalent to that in all of 2020. In the US, roughly 1 in 9 cars sold are projected to be electric.

Global 52
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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. 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. More than half of the 25 models will be fully electric.

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