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November 21, 2019 05:37 pm GMT

BMW locks up 10.2 billion battery order ahead of EV onslaught

BMW announced Thursday it will spend more than 10 billion euros ($11.07 billion) on battery cells from Chinese battery cell manufacturer Contemporary Amperex Technology Co. and Samsung SDI. The deal comes just days after BMW unveiledits first purely electric premium mid-size sedan, called the i4. The all-electric sedan, which won’t be available until 2021, is […]

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