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11/22/19

BMW orders more than $11 billion worth of EV battery cells

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German carmaker BMW on Thursday said it had ordered more than 10 billion euros' (8.56 billion pounds) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL) and Samsung SDI . BMW said it had boosted its order with CATL to 7.3 billion euros from an original booking announced in mid-2018 that was worth 4 billion euros.

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BMW orders more than $11 billion worth of EV battery cells originally appeared on Autoblog on Fri, 22 Nov 2019 07:00:00 EST. Please see our terms for use of feeds.

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