New BMW EV batteries are 50 percent cheaper

BMW has revealed its latest electric battery pack, which comes with a new design and costs about 50 percent less than current EV batteries.

The new BMW EV batteries come with a new circular design, and they use less carbon dioxide during their production, more details below.

“The newly developed sixth generation of lithium-ion cells will achieve a huge leap in technology that will increase energy density by more than 20 percent, improve charging speed by up to 30 percent and enhance range by up to 30 percent,” according to Frank Webber, a board member of BMW AG in charge of development. We are also working to reduce carbon dioxide emissions from cell production by up to 60 percent. These are big steps towards achieving sustainability and customer benefits.”

“To meet our long-term needs, we will build battery cell plants with our partners, each with an annual capacity of 20 GWh, at six locations in our key markets: two in China, two in Europe, and two in the USMCA,” Joachim Post added, Member of the BMW AG Board of Directors responsible for the purchasing and supplier network. “We have also reached an agreement with our partners that they will use a percentage of by-products of raw materials such as lithium, cobalt and nickel, in addition to using green energy for production, to ensure carbon dioxide-reduced manufacturing.”

You can find out more information about the new BMW EV batteries on the BMW website at the link below.

Source BMW

Filed under: Auto News, Technology News

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