Samsung SDI Supplies Electric Vehicle Batteries to BMW for Ten Years

BMW recently announced that it has signed a € 2.9 billion electric vehicle battery purchase contract with Samsung SDI for a period of 10 years from 2021 to 2031. Andrea swinte, head of procurement and supplier network of BMW Group, said: "Korean suppliers play an important role in the field of mobile travel in the future and have made great contributions to technology research and development in the field of automatic driving and interconnection. In the era of innovation, we will strengthen cooperation with highly specialized and technologically excellent Korean enterprises".

A relevant person of Samsung SDI said, "at that time, although we grew rapidly in the small battery market, we were not the first in the world. Samsung SDI could become a supplier of BMW mainly by virtue of excellent product quality. The characteristics of the automotive industry determine that the quality of batteries is very important".

It is understood that Samsung SDI battery pack will be applied to the new generation of electric vehicles launched by BMW after 2020. It is expected that the battery life distance, high-speed charging and other core performance will be upgraded. Relevant people in the industry mentioned that "BMW publicly announced the selection of Samsung SDI as a new generation battery supplier, so it can be regarded as the first partner of Samsung SDI".

Samsung SDI Supplies Electric Vehicle Batteries to BMW for Ten Years 1

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