# 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.

- Type: Contract
- Announced: 2019-11-21
- Value: $11.2B (10.2B EUR)
- Status: announced
- Products: battery cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BMW](https://endata.com/companies/13009.md) (customer)
- [Samsung SDI](https://endata.com/companies/16013.md) (supplier)
- [Contemporary Amperex Technology Limited](https://endata.com/companies/21803.md) (supplier)

## Sources

- [uk.investing.com](https://uk.investing.com/news/stock-market-news/bmw-orders-more-than-10-billion-euros-worth-of-battery-cells-2001785), 2019-11-21: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
