BMW: Its electric cars will use batteries made from renewable energy

July 1 (UPI) — Bmw said Tuesday, local time, that its electric cars will use batteries made from renewable sources, according tomedia reports. The company says green energy use will reduce co-emitan emissions by about 10 million tons over the next 10 years as BMW’s electric vehicle production increases. In November, BMW signed two contracts for the purchase of power batteries worth more than 10 billion euros with Nindze Times and Samsung SDI.

BMW: Its electric cars will use batteries made from renewable energy

The first contract was for BMW to increase the nind-era battery order to 7.3 billion euros ($56.7 billion) from 4 billion euros announced in mid-2018, for a period from 2020 to 2031.

In the second contract, BMW and Samsung SDI, its second-largest battery supplier, signed a 2.9 billion euro (22.5 billion yuan) battery supply contract for the period from 2021 to 2031.

BMW is expected to double sales of electric vehicles between 2019 and 2021. By 2023, the company will have 25 electric cars available, more than half of which will be all-electric.

Currently, BMW’s electric vehicles include the iX3, i4 and iNext. The iX3, the company’s all-electric SUV, will launch in China in the summer of 2020 and is scheduled to be exported to other markets starting in 2020 but not in the U.S.

In March, BMW unveiled its first all-electric four-door BMW i4 concept car at its Munich headquarters, a production version of which will be produced at BMW’s munich plant in 2021.

The production version of the company’s iNext concept car, which will be available in mid-2021, will be BMW’s first 5G-enabled model.

THE BMW IX3 WILL GO ON SALE BY THE END OF THIS YEAR, WHILE THE COMPANY’S I4 AND INEXT WILL BE AVAILABLE IN 2021, BASED ON BMW’S UPCOMING FIFTH-GENERATION ELECTRIC DRIVETRAIN.