BMW Group said on November 10 that it signed battery supply deals with Samsung SDI and LG Energy Solution, two South Korean battery makers, to localise and diversify its electric-vehicle battery supply chain.

Samsung SDI will produce battery cells in Europe, while LG Energy Solution will make them in the US. BMW expects deliveries by the end of the year.

The agreements also support BMW’s next-generation Gen6 batteries by expanding the carmaker’s supplier network for the technology.

BMW said it has built high-voltage battery assembly plants near vehicle production sites in Germany, Hungary, China, the US, and Mexico under a local production and supply model.

LG Energy Solution’s US battery operations have previously benefited from American tax credits. Separately, European Union battery rules set requirements for battery lifecycle and carbon-footprint data.

🔗 Source: Chosun Daily