{"id":132994,"date":"2023-04-03T12:17:34","date_gmt":"2023-04-03T10:17:34","guid":{"rendered":"https:\/\/newmobility.news\/?p=132994"},"modified":"2023-04-04T10:57:18","modified_gmt":"2023-04-04T08:57:18","slug":"bmw-wont-go-into-mining-for-battery-production","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2023\/04\/03\/bmw-wont-go-into-mining-for-battery-production\/","title":{"rendered":"BMW won’t go into mining for battery production"},"content":{"rendered":"

The German car manufacturer BMW Group is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, its finance chief said on Friday, according to Reuters press agency, setting it apart from some competitors digging deep into the supply chain.<\/p>

\"We don't think it is right to invest in mines,\" said CFO Nicolas Peter (due to retire in May). \"We view it as more important to reclaim raw materials from cars and other products,\" he added. BMW has its own battery cell research center<\/a> in Germany but has left large-scale development to partners, placing multibillion-euro orders with Chinese battery giant CATL<\/a> and EVE Energy to produce battery cells in China and Europe.<\/p>

This content has been archived. Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"

The German car manufacturer BMW Group is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, its finance chief said on Friday, according to Reuters press agency, setting it apart from some competitors digging deep into the supply chain.”We don’t think it is right to […]<\/p>\n","protected":false},"author":13,"featured_media":133009,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[2043,77149,16,4],"tags":[],"class_list":["post-132994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-hydrogen","category-industry","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=2128%2C1214&ssl=1",2128,1214,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=300%2C171&ssl=1",300,171,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=640%2C365&ssl=1",640,365,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=640%2C365&ssl=1",640,365,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=1536%2C876&ssl=1",1536,876,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=2048%2C1168&ssl=1",2048,1168,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=18%2C10&ssl=1",18,10,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?fit=560%2C319&ssl=1",560,319,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=2048%2C180&ssl=1",2048,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38.png?resize=2128%2C180&ssl=1",2128,180,true]},"post_excerpt_stackable_v2":"

The German car manufacturer BMW Group is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, its finance chief said on Friday, according to Reuters press agency, setting it apart from some competitors digging deep into the supply chain.”We don’t think it is right to invest in mines,” said CFO Nicolas Peter (due to retire in May). “We view it as more important to reclaim raw materials from cars and other products,” he added. BMW has its own battery cell research center in Germany but has left large-scale development to…<\/p>\n","category_list_v2":"Energy<\/a>, Hydrogen<\/a>, Industry<\/a>, Top Stories Today<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nBMW won't go into mining for battery production - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/04\/03\/bmw-wont-go-into-mining-for-battery-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMW won't go into mining for battery production - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"The German car manufacturer BMW Group is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, its finance chief said on Friday, according to Reuters press agency, setting it apart from some competitors digging deep into the supply chain."We don't think it is right to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2023\/04\/03\/bmw-wont-go-into-mining-for-battery-production\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-03T10:17:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-04T08:57:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2023\/04\/Schermafbeelding-2023-04-03-om-12.12.38-1024x584.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta 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