BMW orders more than EUR 10 billion in battery cells from CATL and Samsung SDI

BMW ordered more than EUR 10 billion worth of battery cells from CATL (EUR 7.3 billion) and Samsung SDI (EUR 2.9 billion), with contracts lasting from 2020-2031 and 2021-2031 respectively.

“BMW said it had boosted its order with CATL to 7.3 billion euros from an original booking announced in mid-2018 that was worth 4 billion euros.”uk.investing.com

• 1 source
• uk.investing.comBMW orders more than 10 billion euros' worth of battery cells By ReutersNov 21, 2019

Summarized from public sources; check the original articles before acting on it.