Newsletters

BMW signs battery order with China's CATL

RV
By:
Rama Venkat Raman
June 29, 2018 05:00 AM

BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China's lithium battery maker Contemporary Amperex Technology Ltd (CATL). The deal will allow China's biggest lithium battery maker to build a factory to produce cells for electric cars in Europe, BMW spokesman Glenn Schmidt said.

Staying current is easy with newsletters delivered straight to your inbox.