BMW Group Invests in Our Next Energy's LFP Battery Factory

By Global Infrastructure Sherpa · Oct 17, 2024

Investment LFP Battery announced United States Oct 17, 2024

20 GW

Capacity

BMW Group invested in Our Next Energy (ONE) to support the development of ONE's LFP battery factory in the United States. The investment aims to secure access to advanced battery technology for BMW's electric vehicles.

Timeline

Announced

Oct 17, 2024

Signed

Closed

Counterparts (3)

Investor

BMW Group

company

BMW Group focuses on sustainable mobility solutions, including electric vehicles and related infrast...

BMW of North America

company

BMW of North America focuses on the automotive industry, including the development, manufacturing, a...

Developer

Our Next Energy (ONE)

company

Our Next Energy (ONE) focuses on developing innovative energy storage solutions, primarily batteries...

Source

www.bmwblog.com

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BMW Group Invests in Our Next Energy's LFP Battery Factory

Timeline

Counterparts (3)

Source

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