BMW Chooses Samsung SDI, LG Batteries
Germany’s BMW Group has selected South Korea’s Samsung SDI and LG Energy Solution as suppliers of battery cells, the key power source for its next-generation electric vehicles.BMW Group announced on Nov. 9 local time that it had signed contracts with Samsung SDI and LG Energy Solution to supply cell
The BMW Group has chosen South Korean battery manufacturers Samsung SDI and LG Energy Solution to supply cells for its next-generation electric vehicles, as announced on November 9. The contracts for these high-voltage Gen6 batteries, set for delivery in the latter half of the 2020s, will be fulfilled by Samsung SDI through its European production sites and LG Energy Solution from its facilities in the United States.
The shift to 46-pi cylindrical cells, developed for improved performance, marks a departure from traditional prismatic cells. Samsung SDI plans to construct a new production line in Hungary for mass production by 2028, while LG Energy Solution aims to commence large-scale operations at its Arizona plant by the end of the year. BMW Group's decision to partner with these Korean firms aligns with its "local production, local supply" management principle, aimed at reducing logistics costs and enhancing supply-chain stability.
This strategy is applied throughout the entire value chain, including the battery assembly stage, with the company establishing high-voltage battery assembly plants near vehicle manufacturing facilities worldwide.
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