Report: Samsung SDI readies to build a third battery plant in Hungary for BMW BEVs

Stellantis and Samsung SDI marked a milestone today in the construction of their joint venture electric-vehicle battery manufacturing facility in Kokomo, Indiana, with the raising of the first piece of steel that will form the structure of the new gigafactory. The two companies announced the formation of the joint venture in May 2022, committing to invest more than $2.5 billion (€2.3 billion) and create 1,400 new...

23 March 2023

BMW's press conference happened five days ago. So here are some belated pieces of important details concerning BEVs. For starters, BMW expects that BEVs will be its major growth driver for this year rising to a 15% share. In the past year, the BMW Group more than doubled its BEV sales to over 215,000 units, underlining its role as a pioneer in e-mobility. The company once again delivered significantly more...

20 March 2023

According to The Elec, Samsung SDI will supply cylinder batteries for EVs to General Motors. For the purpose, the two companies will establish a joint venture that will build a battery factory with an annual capacity of 30GWh. So far, GM has been using pouch batteries from LG Energy Solution but last month it said it considers all types of cells. Samsung SDI has already announced its plans to invest 40 trillion won...

8 March 2023

In 2023, production of the new MINI Countryman will begin at the BMW Group plant Leipzig. The crossover model will be offered with both pure electric drive and combustion engines. Preparations for the start of production of the first MINI "Made in Germany" are already in full swing. This will be the first time that a MINI model is produced entirely in Germany. The locally emission-free all-rounder is an excellent...

1 March 2023

According to SNE Reasearch, the global battery usage for 2022 has been 518GWh - a 517.9% growth YoY. For this year, the research agency expects 749 GWh of batteries to be deployed in EVs, PHEVs, and HEVs. Being a South Korean company, SNE Research pays special attention to the three local companies that are major players in the EV battery market - Samsung SDI, SK On, and LG Energy Solution. Their production is...

8 February 2023

At the beginning of the year, the BMW Group is once again updating the software in its vehicles with BMW iDrive Operating System 7 and 8. At present, a about 4.7 million BMW vehicles are upgradeable thanks to their hardware and BMW iDrive Operating System. Since 2019, BMW has been offering free remote software upgrades several times a year for infotainment, driving, driver assistance, comfort and safety. A recent...

23 January 2023

Under an expanded Joint Development Agreement, BMW Group and Solid Power have added a research and development license as a basis for their common next steps. This license enables BMW to establish an ASSB prototype line in its CMCC (Cell Manufacturing Competence Center) in Parsdorf near Munich. The broadened relationship provides significant benefits to both companies, including conducting complementary cell...

23 January 2023

The latest Coutnerpoint research of the EV market noted down that Tesla is clearly leading the US EV market, and ts Q3 2022 "eclipsed the next 15 brands combined." The overall US EV sales grew by almost 52% YoY during Q3 2022 despite macroeconomic headwinds. BEV sales grew by more than 78% YoY during Q3 and constituted over 80% of the total US EV sales. Tesla sales in the US grew by more than 56% YoY during the...

5 January 2023

BMW has reported its NA Q4 2022 and full-year 2022 US results. We're focusing on the EV sales only, hence, we will mention only those here. In March 2022, the fully electric BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe began arriving at U.S. dealerships. In the nine months that followed, sales of the all-new electric vehicles increased steadily as inventory levels improved. A third fully electric model, the...

5 January 2023

BMW Group is sharing its vision of the future digital experience, both inside and outside the vehicle, at CES 2023 in Las Vegas. BMW i Vision Dee is a futuristic mid-size sedan with a new and pared-down design language. The name “Dee” stands for Digital Emotional Experience – and that is precisely its aim: to create an even stronger bond between people and their cars going forward. Future digital functions will go...

5 January 2023

BMW's electromobility ramp-up has reached a new milestone in China. On November 11th, a signing ceremony for the BMW Future Generation HVB Production Project was held in Shenyang. The signed agreement will see BMW Group's Chinese joint venture, BMW Brilliance Automotive, invest around CNY 10 billion into a new structure project to expand battery production capacity at its Shenyang production base. While accompanying...

16 November 2022

BMW Group announced the start of production of the fully-electric BMW iX1 in Regensburg. As announced almost two years ago, all German BMW plants can now produce electric cars. The smallest model among the BMW Sports Activity Vehicles will boost the volume of electric vehicles. Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, already announced the next milestone at the start...

14 November 2022

The BMW Group continues the roll-out of its electromobility plan with a new investment in the U.S. to expand Plant Spartanburg and the company’s manufacturing footprint in the U.S. BMW Group Chairman of the Board of Management, Oliver Zipse, announced today a UD$1.7 billion investment in its U.S. operations, including $1 billion to prepare for the production of electric vehicles at the company’s existing U.S...

20 October 2022

Europe's passenger EV sales increased by 16% YoY in Q2 2022, according to the latest research from Counterpoint's Global Passenger Electric Vehicle Model Sales Tracker. Battery electric vehicles (BEVs) accounted for 55% of total EV sales during the quarter. Germany, with a 28% share, remained the European EV market leader, followed by France with 16%, and the UK with 14%. Among other European nations, Spain and the...

14 October 2022