It’s all about batteries. Succeeding in the electric vehicle market, where consumer demand for electric cars far exceeds supply, often comes down to having enough batteries. The more batteries, the more sales, the better. BMW got the memo (maybe) and just confirmed a battery supply deal with CATL for 2025 and beyond. BMW Group is planning a series of electric vehicles called NEUE KLASSE series, and CATL will supply the batteries for these vehicles.
These are cylindrical battery cells 46mm in diameter. They will be produced in two new CATL factories, one in China and one in Europe. In each of these battery giga-factories, 20 GWh of battery production will be dedicated to the BMW Group.
CATL reports that this will be a big step forward for BMW. “Powered by CATL’s new round cells, the sixth generation of BMW eDrive technology used in the NEUE KLASSE represents a major breakthrough in electric vehicle technology in terms of energy density, charging speed and range. ” What more can a car manufacturer ask for?
Oh yes, these batteries will also be produced primarily from clean, renewable green energy and ethically sourced minerals. “The agreement builds on the joint commitment of both companies to build a sustainable and circular future value chain for batteries. CATL will mainly use renewable energy and secondary materials for the production of high performance battery cells. The cobalt and lithium used for the new generation of battery cells will come from certified mines.
That’s the word. It now remains to be seen whether 40 GWh of batteries per year is enough for BMW to produce the number of electric cars that consumers will need. How many more gas-powered cars does BMW plan to sell between 2025 and 2030 and will people want to buy them? If the performance of these CATL batteries is so good, and therefore the performance and cost of BMW’s NEUE KLASSE electric cars are so good, BMW will have to quickly transition to the old fossil fuel powertrains in order not to face a financial crisis. .
Featured Image – BMW Headquarters – Courtesy BMW.
Related Recent Story: BMW expands battery production and tells us about the process
Do you appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a member, supporter, technician or ambassador of CleanTechnica – or a patron on Patreon.
Have a tip for CleanTechnica, want to advertise or suggest a guest for our CleanTech Talk podcast? Contact us here.