BMW announces new battery supply deals for the US, Europe

The automaker contracted with battery cell manufacturers Samsung SDI and LG Energy Solution as it aims for a more localized supply chain for its future electric vehicles.

BMW’s goal to localize its supply chains, with cell production in close proximity to the five high-voltage battery manufacturing facilities recently built near to its vehicle plants, including sites in Irlbach-Straßkirchen in Lower Bavaria; Debrecen, Hungary; Shenyang, China; Woodruff, South Carolina; and San Luis Potosí, Mexico.

Having regional infrastructure to produce batteries near its existing facilities helps secure jobs according to Lang, while reducing the geographical distances between suppliers, batteries manufacturing facilities and vehicle assembly plants boosts the automaker’s competitiveness.

In Europe, in addition to BMW’s supply deal with Samsung SDI the automaker previously secured two additional supply agreements — with China-based battery makers CATL and EVE Energy.

This story was originally published by Supply Chain Dive. Read the full story at Supply Chain Dive →