Remove Manufacturer Remove Morocco Remove Supplies
article thumbnail

Renault Group and Managem Group sign agreement for sustainable supply of Moroccan cobalt

Green Car Congress

Renault Group and Managem Group , a Moroccan player in the mining and hydrometallurgy sector, signed a memorandum of understanding (MoU) aimed at securing the supply of low-carbon and responsible cobalt sulfate for electric batteries. billion from 2025 and a target of €3 billion.

Supplies 225
article thumbnail

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. Sustainability and security of supply are important factors for electromobility.

Morocco 225
article thumbnail

Morocco expects more EV battery investments, minister says – ET Auto

Baua Electric

The Moroccan government is in talks to attract more electric battery manufacturers as it seeks to adapt its growing automotive sector to an increasing demand for electric vehicles, industry and trade minister Ryad Mezzour said. The automotive sector tops Morocco’s industrial exports at USD 14 billion in 2023, up 27%.

Morocco 52
article thumbnail

ZF signs multi-year supply agreement with STMicroelectronics for silicon carbide devices for new inverters

Green Car Congress

Under the terms of the multi-year contract, ST will supply a volume of double-digit millions of silicon carbide devices to be integrated in ZF’s new modular inverter architecture going into series production in 2025. With this strategically important step, we are strengthening our supply chain to be able to securely supply our customers.

Supplies 186
article thumbnail

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. Sustainability and security of supply are important factors in the expansion of electromobility. Cobalt will be sourced directly from mines in Australia and Morocco in the future.

BMW 170
article thumbnail

Prayon and Pulead to create JV for manufacture and sale of lithium iron phosphate material for Li-ion batteries

Green Car Congress

Major cathode material producer Pulead (China) and phosphate leader Prayon (Belgium) have entered into an agreement to form a joint venture for the manufacture and sale of lithium iron phosphate (LFP) under licence from LiFePO 4 +C Licensing LLC. The joint venture will help meet the increasing global demand for licensed LFP.

Li-ion 150
article thumbnail

BMW targeting doubling energy density of battery cells by 2030, with current i3 as basis

Green Car Congress

The new Competence Center maps the entire value chain of battery cell technology—from research and development to a cell’s composition and design, and its suitability for large-scale manufacture. The relevant agreements guarantee a reliable supply of these materials until 2025 and beyond.

BMW 352