BMW and Samsung SDI make a 2.9 bln-euro EV battery supply deal, increases CATL deliveries as well

21 November 2019, 02:51:22

BMW and Samsung SDI make a 2.9 bln-euro EV battery supply deal, increases CATL deliveries as wellBMW South Korea announced that BMA and Samsung SDI have concluded an EV battery supply deal worth 2.9 bln-euro. The agreement was signed by BMW's chief purchasing officer, Andreas Wendt. It encompasses a period of 10 years (from 2021 to 2031) during which BMW will buy batteries for EVs from Samsung SDI. The latter is already the main supplier of batteries for BMW but this deal just makes their relationship more solid in the long run. Samsung SDI is the world's fifth-largest battery supplier of EV batteries during H2 of 2019 with a total capacity of 2.9 GWh, according to SNE Research. In addition to BMW, it also supplies batteries to Volkswagen and Jaguar.

"In this way, we are securing our long-term battery cell needs. Every cell generation is awarded in global competition to the leading manufacturer from both a technology and a business perspective. This ensures we always have access to the best possible cell technology," Wendt announced at a supplier event today in Seoul, South Korea.

In addition, BMW increases the battery supply from CATL - the world's largest battery maker. In mid-2018 there was an initial order volume of 4 billion euros which is now increased to 7.3 billion euros (contract duration from 2020 to 2031). Of those, 4.5 billion euros are for the BMW Group and 2.8 billion euros are for the Chinese BMW production site in Shenyang. BMW is also the first customer for CATL's factory in Erfurt, German, which is currently under construction.

As long as it concerns the environmental issue with sourcing valuable earth materials, BMW says: "The BMW Group will source the cobalt needed as a key raw material for cell production directly from mines in Australia and Morocco and make it available to CATL and Samsung SDI. The same applies to lithium, which the BMW Group will also source directly from mines, including from Australia. This gives the company full transparency over where both raw materials come from. Compliance with environmental standards and respect for human rights have the highest priority. The BMW Group's fifth-generation electric drive trains from 2021 on will also be produced entirely without using rare earths." "This means we will no longer be dependent on their availability," explained Wendt.

Again, BMW stresses on the fact that by 2023, the BMW Group will have 25 electrified models in its line-up. More than half of them will be fully electric vehicles. The aim is to increase the percentage of electrified vehicles in the new vehicle fleet by a quarter in 2021 and a third in 2025; by 2030, they should account for half of sales volumes.

Related news

News related to BMW, Samsung, Samsung SDI, Volkswagen or Jaguar

Volkswagen teased an entry-level EV that will cost around 20000 euros

At today's work meeting in Wolfsburg, Thomas Schäfer, CEO of the Volkswagen Passenger Cars brand, presented plans for the future of the core brand. Employees also had a first glimpse of the design of the Volkswagen brand’s future entry-level electric model, which will cost about 20000 euros. Volkswagen plans to present the show car for the new entry-level model to the public at the beginning of March. The world...

6 February 2025

2025 Volkswagen ID.4 pricing for the U.S. unveiled

Volkswagen of America announced initial pricing for the 2025 ID.4. Production resumes at the Chattanooga factory with 82 kWh models, which carry a starting MSRP of $45,095 for the rear-wheel-drive Pro and $48,995 for the AWD Pro. Models with 62 kWh batteries will be available later, and all models will receive additional content starting midyear. Details and pricing on both will come at a later date. The trim...

5 February 2025

2026 BMW iX delivers increased power, range, and efficiency

The 2026 BMW iX will enter production in March at BMW’s Plant Dingolfing. Deliveries are expected to commence in the second quarter of 2025. The vehicle is available in three models: BMW iX xDrive45 - USD 75150 +USD1175 destination and handling BMW iX xDrive60 - USD 88500 +USD1175 destination and handling BMW iX M70 xDrive - USD 111500 +USD1175 destination and handling The new iX xDrive45 delivers 402 hp and an...

29 January 2025

Jaguar unveils Type 00 EV concept

Jaguar is recapturing its original ethos to ‘Copy Nothing’. Following the debut of its bold new visual identity last month, the next step on its transformational journey has been revealed in the form of a distinctive design vision concept - the Type 00 (pronounced Type Zero Zero). It embodies Jaguar’s creative philosophy of Exuberant Modernism and Jaguar’s new identity with powerful symbols of change. The ‘Type’...

4 December 2024

BMW Group posts significant BEV growth in challenging market conditions

In a globally challenging market, the BMW Group increased its sales of fully-electric vehicles by +19,1% in the first nine months of 2024, with a total of 294,054 BEVs delivered to customers. During this period, BMW brand sales of fully electric models rose by +22.6% to 266,151 vehicles. Of those, 121,844 BEVs were delivered to customers in Europe – an increase of +35.8% for this region. Of all BEV sales, the BMW...

16 October 2024

The GM and Samsung SDI venture will produce prismatic EV batteries only

In April 2023, GM and Samsung SDI announced their joint venture will invest more than $3 billion to build a new battery cell manufacturing plant in the United States for the production of both prismatic and cylindrical batteries. However, the latest information coming from the project is that the 4680 cylindrical batteries will be excluded for now and the plant will focus on prismatic cells only. The companies have...

29 August 2024

Volkswagen expands ID. family in China: premiere of the ID. UNYX with progressive design and 3D avatar

As part of its ‘In China, for China’ strategy, the Volkswagen brand is focusing its product offering to more closely reflect the needs of its Chinese customers. Today, the car manufacturer presents the first model from a new Volkswagen sub-brand: the ID. UNYX. The E-SUV coupé of the same name is characterised by a particularly progressive design, a smart human-machine interface (HMI) with a personalizable 3D avatar...

18 July 2024

The Volkswagen ID.7 family expands

Volkswagen is expanding its range of ID.7 models. The new Volkswagen ID.7 GTX – a fastback with 250 kW (340 PS) output and electric all-wheel drive – celebrates its world premiere first. Just two days later, on 6 June, pre-sales are scheduled to start in Germany at prices starting from 63,155 euros. Pre-sales of the Volkswagen ID.7 GTX Tourer (from 63,955 euros), Volkswagen ID.7 Pro S (from 58,985 euros), and...

5 June 2024

2025 Volkswagen ID. Buzz model structure for the U.S. announced

Volkswagen of America announced the offer structure for the 2025 Volkswagen ID. Buzz, the electric reincarnation of the iconic Microbus. The ID. Buzz will be offered stateside in three trims: Volskwagen ID.BUZZ Pro S Volskwagen ID.BUZZ Pro S Plus Volskwagen ID.BUZZ 1st Edition Range and pricing will be announced closer to the launch. Retro design cues modernized for today's times - like the oversized VW logo, short...

13 May 2024

The new Volkswagen ID.3 arrives with several upgrades, launches with the ID.3 Pro S model

Volkswagen is launching the new ID.3 with an extensive upgrade. The next software and infotainment generation and the improved operating concept are now also entering Volkswagen’s electric compact class. The augmented reality head-up display has been enhanced, a brand new Wellness App and optional premium sound system from Harman Kardon have been added. With the improved drivetrain, the ID.3 Pro S’s output increases...

3 May 2024

2025 BMW i4 is here with a new design

2025 BMW i4 has been unveiled in the U.S. featuring a refreshed design. Slim headlights and a vertically arranged BMW kidney grille dropping deeply towards the road define the front-end styling of the BMW i4. The surround of the BMW kidney grille is now finished in matt chrome, both as standard and in conjunction with the optional M Sport package. The grille has a fully enclosed upper section with a Black high-gloss...

25 April 2024

Volkswagen ID.UX sub-brand and Volkswagen ID. CODE design show car debut at Auto China 2024

Volkswagen is expanding its EV offering for new customer groups in China with ID.UX. ID.UX combines proven VW virtues with lifestyle-oriented design DNA. Brand-specific features include a progressive exterior design along with a driver-centric interior featuring an entirely new display and operating concept (HMI) for young customers. The first ID.UX model is the ID.UNYX, scheduled to make its market debut in 2024...

25 April 2024

A new Volkswagen ID. model will debut at Auto China 2024

At Auto China 2024, the Volkswagen Group and its brands demonstrate their innovative strength with an impressive line-up of China specific products. Six world premieres and five China premieres are the highlights among the 44 car and motorbike models on display. Among the 44 cars on display, 18 will be electrified NEV models. Through a strong ‘In China, for China’ approach, the Group set the course for accelerated...

19 April 2024

The all-electric MINI Aceman will debut at the Beijing International Automotive Exhibition 2024

The all-electric MINI Aceman is celebrating its world premiere at the 18th Beijing International Automotive Exhibition 2024. Together with the all-electric MINI Cooper and the powerful MINI John Cooper Works Countryman ALL4, MINI is presenting its new model generation in Beijing. From April 25 to May 4, MINI will be presenting the new generation of the new MINI Family at the China International Exhibition Center in...

19 April 2024

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonCadillacChevroletDaciae.GOFIATFiskerFordGenesisGMCHondaHyundaiJaguarKIALexusLucidMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartSubaruTeslaToyotaVolkswagenVolvoXiaomi

Featured

Specifications of some of the most interesting and anticipated EVs.

2024 Porsche Macan

2024 Porsche Macan 4

Doors: 4, Seats: 5
Length: 188.3 in / 4784 mm
Width: 76.3 in / 1938 mm
Height: 63.9 in / 1622 mm
Curb weight: 5302.12 lb / 2405 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 800 V

2024 Porsche Macan

2024 Porsche Macan Turbo

Doors: 4, Seats: 5
Length: 188.3 in / 4784 mm
Width: 76.3 in / 1938 mm
Height: 63.8 in / 1621 mm
Curb weight: 5302.12 lb / 2405 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 800 V

2024 Xiaomi SU7

2024 Xiaomi SU7 RWD

Doors: 4, Seats: 5
Length: 196.7 in / 4997 mm
Width: 77.3 in / 1963 mm
Height: 57.3 in / 1455 mm
Curb weight: 4365.15 lb / 1980 kg
Electric motor: 220 kW, 400 Nm, Location: Rear
Battery: 73.6 kWh

2024 Xiaomi SU7

2024 Xiaomi SU7 AWD

Doors: 4, Seats: 5
Length: 196.7 in / 4997 mm
Width: 77.3 in / 1963 mm
Height: 56.7 in / 1440 mm
Curb weight: 4861.19 lb / 2205 kg
Electric motor #1: 275 kW, 500 Nm, Location: Rear
Electric motor #2: 220 kW, 400 Nm, Location: Front
Battery: 101 kWh, Voltage: 871 V

2024 Volkswagen ID.7

2024 Volkswagen ID.7 Pro

Doors: 4, Seats: 5
Length: 195.3 in / 4961 mm
Height: 60.5 in / 1536 mm
Curb weight: 4788.44 lb / 2172 kg
Electric motor: 210 kW, 550 Nm, Location: Rear
Battery: 77 kWh

2025 Cadillac Escalade IQ

2025 Cadillac Escalade IQ Luxury 2

Doors: 5, Seats: 7
Length: 224.3 in / 5697 mm
Height: 76.1 in / 1934 mm
Electric motor: 505 kW, 1064 Nm, Location: Rear
Location: Front
Battery: 200 kWh, Voltage: 800 V

2025 Cadillac Escalade IQ

2025 Cadillac Escalade IQ Sport 2

Doors: 5, Seats: 7
Length: 224.3 in / 5697 mm
Height: 76.1 in / 1934 mm
Electric motor: 505 kW, 1064 Nm, Location: Rear
Location: Front
Battery: 200 kWh, Voltage: 800 V

2025 Cadillac Escalade IQ

2025 Cadillac Escalade IQ Luxury 1

Doors: 5, Seats: 7
Length: 224.3 in / 5697 mm
Height: 76.1 in / 1934 mm
Electric motor: 505 kW, 1064 Nm, Location: Rear
Location: Front
Battery: 200 kWh, Voltage: 800 V

2025 Cadillac Escalade IQ

2025 Cadillac Escalade IQ Sport 1

Doors: 5, Seats: 7
Length: 224.3 in / 5697 mm
Height: 76.1 in / 1934 mm
Electric motor: 505 kW, 1064 Nm, Location: Rear
Location: Front
Battery: 200 kWh, Voltage: 800 V

2025 Volvo EX30

2025 Volvo EX30 Twin Motor Performance (EK)

Doors: 5, Seats: 5
Length: 166.7 in / 4233 mm
Width: 76.4 in / 1940 mm
Height: 61.0 in / 1549 mm
Curb weight: 4034.46 lb / 1830 kg
Location: Rear
Location: Front
Battery: 69 kWh

2023 BMW i7

2023 BMW i7 xDrive60

Doors: 4, Seats: 5
Length: 212.2 in / 5391 mm
Width: 76.8 in / 1950 mm
Height: 60.8 in / 1544 mm
Curb weight: 5820.2 lb / 2640 kg
Electric motor #1: 190 kW, 365 Nm, Location: Rear
Electric motor #2: 230 kW, 380 Nm, Location: Front
Battery: 105.7 kWh, Voltage: 376.4 V

2024 BMW iX

2024 BMW iX M60

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5862.09 lb / 2659 kg
Location: Rear
Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2024 BMW iX

2024 BMW iX xDrive50

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5698.95 lb / 2585 kg
Location: Rear
Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2024 BMW i4

2024 BMW i4 xDrive40

Doors: 4, Seats: 5
Length: 188.3 in / 4783 mm
Width: 72.9 in / 1852 mm
Height: 57.0 in / 1448 mm
Curb weight: 5048.59 lb / 2290 kg
Location: Rear
Location: Front
Battery: 83.9 kWh, Voltage: 398.5 V

2023 BMW i4

2023 BMW i4 M50

Doors: 4, Seats: 5
Length: 188.3 in / 4783 mm
Width: 72.9 in / 1852 mm
Height: 57.0 in / 1448 mm
Curb weight: 5048.59 lb / 2290 kg
Electric motor #1: 230 kW @ 8000 - 17000 rpm, 365 Nm, Location: Rear
Electric motor #2: 190 kW @ 8000 - 17000 rpm, 430 Nm, Location: Front
Battery: 83.9 kWh, Voltage: 398.5 V

2023 BMW iX

2023 BMW iX M60

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5862.09 lb / 2659 kg
Location: Rear
Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2023 BMW iX

2023 BMW iX xDrive50

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5698.95 lb / 2585 kg
Location: Rear
Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2024 Volvo EX90

2024 Volvo EX90 Twin Performance (E2)

Doors: 5, Seats: 7
Length: 198.3 in / 5037 mm
Width: 77.3 in / 1964 mm
Height: 68.7 in / 1744 mm
Curb weight: 6197.19 lb / 2811 kg
Electric motor #1: 190 kW, 490 Nm, Location: Rear
Electric motor #2: 180 kW, 420 Nm, Location: Front
Battery: 111 kWh, Voltage: 400 V