BMW localising North American battery supply chain despite EV slowdown

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Despite Unicore’s decision to suspend construction of its battery materials plant in Canada BMW is focused on a significant increase in EV deliveries this year

BMW Group has delivered more than 2m EVs to customers, including more than 1m battery EVs (BEVs), and the manufacturer remains more optimistic than some for this year, noting that for 2024, with a line-up which includes more than 15 BEV models across all brands, it anticipates a “significant increase in BEV deliveries, which will remain our biggest growth driver”

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