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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

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Northvolt will obtain 100% of the energy needed to produce the battery cells regionally in northern Sweden and exclusively from wind and hydroelectric power. The BMW Group will also source cells manufactured in Europe from the Chinese manufacturer CATL from the plant currently under construction in Erfurt, Germany.

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Mercedes-Benz prepares car production network for new electric portfolio

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BBAC) has been producing Mercedes-Benz vehicles locally for the Chinese market since 2005. A second battery factory at the site commenced operations in 2018 and has been producing the battery systems for the EQC since 2019 followed by the batteries for the compact electric SUVs since 2021. Beijing Benz Automotive Co.

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