BMW signs five-year lithium supply deal with Ganfeng

BMW signed a €540 million supply contract with Ganfeng Lithium to secure 100% of its lithium hydroxide needs for fifth-generation battery cells, covering the period through 2024.

“Alongside cobalt, lithium is one of the key raw materials for electromobility. With the signing of this contract, we are securing our lithium needs for battery cells”automotivelogistics.media

• 1 source
• automotivelogistics.mediaBMW signs five-year lithium deal with Ganfeng | Feature | Automotive LogisticsSteve Garnsey nullDec 17, 2019

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