BMW Group Invests in Our Next Energy's LFP Battery Factory
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.
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Counterparts (3)
Investor
BMW Group
BMW Group focuses on sustainable mobility solutions, including electric vehicles and related infrastructure. Their strategy involves investing in charging infrastructure and energy solutions to support the adoption of electric vehicles.
BMW of North America
BMW of North America focuses on the automotive industry, including the development, manufacturing, and sales of vehicles. They are increasingly involved in the infrastructure space through the development of electric vehicles and related charging infrastructure.
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Announced
Oct 17, 2024
Signed
Closed
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