BMW cancels $2 billion battery cell order from Northvolt
Baua Electric
JUNE 20, 2024
German media Handelsblatt and manager magazin reported that the Swedish lithium-ion battery maker couldn’t deliver on time on a long-term supply contract for battery cells agreed with BMW in 2020. And in March, it broke ground on a battery gigafactory in Heide, Germany. billion) order for EV battery cells with Northvolt.
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