BMW Invests $240 Million to Build a Better Battery Pack
Twenty-five years into the new decade BMW plans on having 12 new all-electric vehicles on the market. An EV version of the BMW Mini should be in showrooms within two years. This new line of EVs will utilize the company’s fifth-generation electric drivetrain.
To supply power for that drivetrain, BMW is spending $240 million to develop and improve electric vehicle battery technology. The BMW Group Battery Cell Competence Centre will be built in Munich. The stated goal of the plant’s 200 employees will be to “advance battery cell technology and introduce it into production processes.”
In developing its power sources BMW will take into account climatic extremes and charging characteristics. The development of new battery technology will entail experimenting with different materials. Cell configuration and technology will also be studied.
“Beamer” seems confident that the power sources the new facility produces will perform better than previous generations of batteries. If the company’s goal comes to fruition the latest generation of batteries will hold enough juice to cover 430 miles between recharges.
The company is also working to eliminate “rare earth metals” like dysprosium and samarium, from its electric motors. The new factory is BMW’s most significant investment in battery pack development to date.