BMW Group and Samsung SDI plan to expand their supply relationship for battery cells for electro-mobility. The two companies have signed a memorandum of understanding (MoU) that will see supply volumes of battery cells from Samsung SDI to BMW rise.
Samsung SDI will supply the BMW Group with battery cells for the BMW i3, BMW i8 and additional hybrid models “over the coming years”. The most important elements of the agreement are the increase in quantities delivered over the medium term, in response to growing demand for electro-mobility, and further technological development of battery cells, BMW said.
Dr. Klaus Draeger, member of the Board of Management of BMW AG, responsible for Purchasing and Supplier Network said: “Our partnership with Samsung SDI is a good example of successful Korean-German cooperation on innovative technologies. The battery is a key component in every electric vehicle – since it basically determines the range and performance capabilities of the car. In Samsung SDI, we have chosen a supplier that offers us the best-available technology with future-oriented Korean battery expertise.”
Sang-Jin Park, CEO of Samsung SDI: “I am very proud that Samsung SDI supports the success of the BMW i3 and i8. The decision taken in 2009 to choose lithium-ion battery cells from Samsung SDI for the BMW i models was the right one for both companies. Additional BMW vehicles will also be equipped with Samsung SDI’s leading lithium-ion technology. This MoU with the BMW Group demonstrates the trust in Samsung SDI’s future technology and efficient mass production capabilities. Both companies are confident that this extended partnership will secure their leadership in future technologies.”
The partnership with Samsung SDI since 2009 provides the BMW Group with access to lithium-ion battery technology. BMW said that an important factor in the choice of Samsung SDI as partner was that the company considers the suitability of lithium-ion battery cells for environmentally-friendly production and subsequent recovery of materials during product development.
Complete high-voltage batteries for the BMW i3, BMW i8 and other future hybrid vehicles are built at BMW Plant Dingolfing. The only supplied parts are the cells – otherwise the high-voltage batteries are developed and produced completely in-house, BMW points out.
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By GlobalDataBMW said that the extension of the collaboration with Samsung SDI underscores the BMW Group’s strategy of further electrification.