BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe
Green Car Congress
JULY 16, 2020
The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The BMW Group has also localized battery production in Thailand, where it is working with the Dräxlmaier Group. More than half of the 25 models will be fully electric.
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