China Auto Trending Hashtag| BMW and China Unicom reached a new 5G cooperation/ Svolt Energy launched 3 batteries

1. BMW China / China Unicom reached a new 5G cooperation

On July 10, IIA learned from BMW official that BMW (China) Automobile Trading Co., Ltd. officially announced the establishment of 5G mobile communication business cooperation with China Unicom. The addition of 5G mobile network will accelerate the development of BMW Internet of Vehicles and autopilot. Some of the new models will be connected to China Unicom's 5G mobile communication network from July 2021.

BMW became the first international vehicle manufacturer to reach 5G mobile network service with China Unicom. According to the cooperation agreement, BMW China is cooperating with China Unicom to develop an automatic driving verification project based on 5G mobile communication network, including the construction of experimental 5G network environment. To explore autopilot applications in different scenarios.

2. Svolt Energy releases 3 batteries and plans to build a factory in Europe

IIA has learned from the official that Svolt Energy has launched three batteries:  high-speed laminated battery, cobalt-free battery and four-cell battery. At the same time, the brand will spend 2 billion euros to build a factory in Europe, and by 2025 will achieve about 120GWh of battery capacity worldwide.

Svolt Energy, formerly known as Great Wall Motor Power Battery Division, has been conducting pre-research work for batteries since 2012. It is specialized in automotive power battery materials, batteries, modules, PACK, BMS, energy storage, solar energy. New energy technology company that develops and manufactures.

Based on the globalization of the layout, at the launch, Svolt Energy also announced plans to set up a plant in Europe, which will take 2 billion euros to build a 24GWH large power battery factory, a supporting cathode material factory and a battery technology center in Europe.