10 September 2022

BMW forecasts cheaper, better EV batteries

The cost of EV batteries could be reduced by up to 50pc by using recycled materials in manufacture, according to BMW, writes Brian Byrne.

The company also says the sixth generation batteries it will be producing for its cars by 2025 will offer a 30pc increase in range over current ones of similar size and weight.

BMW is developing a new design of lithium-ion cells that are round in shape, and use less cobalt than current batteries. Moving to an 800-volt architecture will also speed up charging times.

BMW will be producing the batteries at factories in China, Europe and North America, designed at its Battery Cell Competence Centre located in Munich.