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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. The “Sixth-Generation Battery Project” will play a key role in production of vehicles for the NEUE KLASSE and create around 2,000 new jobs in the region.

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Gotion to supply VW with LFP cells outside of China

Green Car Congress

Under a new contract, China-based Gotion High-Tech will supply Volkswagen with LFP cells outside China. Gotion began supplying LFP cells to Volkswagen China in early 2022. VW unveiled the unit cell in March 2021 as part of its Power Day.

Supplies 218
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Mexico aims to develop local supply chain for EV production

Teslarati

Recently inaugurated, President Claudia Sheinbaum shared the Government’s plans to develop Mexico’s supply chain to encourage local electric vehicle (EV) production and reduce its reliance on imports. She hinted that Mexico’s compact EV could rival those made in India and China but did not go into detail.

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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

Green Car Congress

China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. China’s dominance of the industry is to be expected given its huge investments and the policies the country has implemented over the past decade.

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Nikkei analysis finds Tesla relies on China for 40% of battery supply chain

Green Car Congress

China was the largest supplier of materials for the lithium-ion batteries used in Tesla’s EVs, constituting 39% of the 61 companies in the storage battery category, based on Nikkei’s analysis of the supply chain. China accounted for 40% of the 42 firms engaged in nonferrous smelting excluding aluminum smelters.

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Benchmark: China will increase share of global cathode production to 87% in 2030

Green Car Congress

Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. China’s output of cathode active materials increased more than four times between 2018 and 2022.

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Baker Institute: China positioning itself to dominate world’s copper supply

Green Car Congress

China is positioning itself to dominate the global supply of copper, a material in high demand as the world transitions to alternative energy systems, according to experts from Rice University’s Baker Institute for Public Policy. “If China’s domestic production of copper is inadequate relative to demand, according to the authors.

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