BMW Inks $4.7 Billion Battery Contract With CATL
By Mark Kane Reuters reports that BMW signed a huge deal for lithium-ion battery cells with CATL and it’s much bigger than earlier suggested. The contract is worth €4 billion (€4.7 billion) and divides into two parts: €1.5 billion from German plant (expected in the city of Erfurt in Thuringia, Germany) €2.5 billion …read more
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