Tag: BMW

Nov

BMW orders more than 10 billion euros’ worth of battery cells

By Savannah Chen Comments are Off BMW, CATL, Samsung

BERLIN (Reuters) – German carmaker BMW (BMWG.DE) on Thursday said it had ordered more than 10 billion euros’ ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL) (300750.SZ) and Samsung SDI (006400.KS). BMW said it had boosted its order with CATL to 7.3 billion euros from an original booking announced in mid-2018 that

Jun

BMW Group accelerating e-mobility expansion: 25 electrified models by 2023

By Savannah Chen Comments are Off BMW

The BMW Group is accelerating its electromobility expansion program, with the 25 electrified models to be introduced by 2023, two years earlier than the initial 2025 target. With flexible vehicle architectures for fully-electric, plug-in hybrid and combustion engine drive trains, the company is able to respond quickly to changing conditions. More than half of the 25 models will be fully electric. We