German carmaker BMW indicated on Friday that it intends to acquire electric batteries from six partner factories that will open in North America, Europe and China, to prepare its models for sale from 2025. The factories, including two will be opened in each of the regions. three will have an annual capacity of “up to 20 gigawatt hours(GWh).
Unlike manufacturers who, like Tesla or Volkswagen, open their own battery plants, BMW has chosen to cooperate with cell manufacturers, including the Chinese giant CATL, which is currently building its first factory in Germany.
The Chinese group EVE Energy is the chosen partner for two sites, in China and Europe, explains BMW in a press release, while the search continues for factories in North America.
“BMW has already awarded the contract” of more than 10 billion euros to ensure the supply of batteries for a range of vehicles called “New Class“, sold from 2025. The production costs of these batteries – round and not square like most of the ones used now – will be “up to 50% lessfor those of the present generations.
These batteries representa high technological level in terms of energy density, recharging speed and autonomyexplains Frank Weber, Director of Technical Development at BMW.
The manufacturer, a pioneer in electrification with its i3 but which has since fallen behind the competition, aims for total sales of more than two million electric vehicles by the end of 2025. Before 2030, “50% of the group’s global sales could be electric vehiclesadds BMW.
Volkswagen wants to be the first European manufacturer to produce some of its own batteries and thus become less dependent on Asian production where China and Korea dominate this expertise. The group has launched six large plant projects in Europe with a capacity of 40 GWh each, as well as one in the United States. The Stellantis group, resulting from the merger between Peugeot-Citroën and Fiat-Chrysler, plans to build a total of five large battery plants in Europe and North America.