StocksMedium•9 November 2026•
1 min read
BMW Partners with LG Energy Solution for US Battery Supply
Key Facts
1BMW has signed a battery supply partnership with LG Energy Solution to support its operations in the United States.
2The new partnership aims to enhance the resilience of the German automaker's supply chain.
BMW has signed a battery supply partnership agreement with LG Energy Solution to support its manufacturing operations in the United States. Benzinga reported that the partnership is designed to ensure that battery cells are supplied by manufacturers located near the company's vehicle production sites.
The new partnership aims to enhance the resilience of the German automaker's supply chain and ensure a stable battery supply for its American production facilities. This strategic expansion of the electric vehicle supply chain follows a period of recent weak earnings and guidance cuts for the company.