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BMW signs $1.16 bn battery order for electric cars with China’s CATL

CATL is scouting potential locations for a battery production facility in Europe BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China’s lithium battery maker Contemporary Amperex Technology Ltd (CATL) , allowing the company to build a factory to produce cells for electric cars in Europe, the German carmaker’s spokesman […]

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