Munich:German carmaker BMW has announced plans to increase its procurement of battery cells from Europe and the United States.

According to BERNAMA News Agency, the components for BMW's new sixth-generation batteries are set to be produced at factories operated by South Korean companies Samsung and LG in these regions. The deliveries are scheduled to commence at the end of the decade.

BMW is focusing on reducing transport routes and improving supply chain security, as the car industry currently relies heavily on battery cells from China. "With our battery cell partnerships, we are deliberately strengthening value creation in Europe and the US," stated Nicolai Martin, BMW's purchasing board member.

Martin further emphasized that diversifying procurement is a crucial aspect of BMW's purchasing strategy. In Europe, Samsung will join existing suppliers like Chinese companies CATL and EVE Energy, which also have production facilities in Europe.