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BMW cancels $2B battery cells contract with Northvolt

BMW iX M60
Samsung SDI has replaced Northvolt as battery supplier for BMW's i4 and IX electric cars, German press reports said. Shown is the iX M60. (BMW)
R
By:
Reuters
June 20, 2024 07:06 PM

BERLIN -- BMW has cancelled a €2 billion ($2.15 billion) order for battery cells for its electric vehicles with Northvolt.

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