BMW Locks In Battery Cell Supply From Samsung SDI and LG Energy Solution
BMW has agreed battery cell supply with Samsung SDI in Europe and LG Energy Solution in the US, with deliveries from local plants starting in the late 2020s.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
BMW has agreed battery cell arrangements with Samsung SDI for its European output and with LG Energy Solution for production in the United States, according to Dow Jones Newswires.
The German automaker said on Monday that both cell makers will deliver from factories in those regions starting in the late 2020s.
BMW framed the step as a way to strengthen its supply chain, arguing that cells made near its assembly sites will be easier to secure.
why it matters
For automakers, sourcing from nearby plants reduces exposure to long shipping routes and supply disruptions. For battery makers, such contracts give more predictable order volumes for years ahead, although deliveries only start toward the end of the decade.
market impact
Samsung SDI and LG Energy Solution: long-term BMW orders support their future sales volumes.
tags
instruments
sources
- BMW Signs Battery Supply Deals in Europe, U.S. — Dow Jones Newswires, 9 November 2026 at 07:56 UTC
- BMW Signs Battery Supply Deals in Europe, U.S. — Dow Jones Newswires, 9 November 2026 at 08:11 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗