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BMW, Northvolt sign 2B Euro battery deal

Swedish battery maker's green power source sealed contract Metal Tech News Weekly Edition – July 22, 2020

In what has been series of moves toward expanding its electric vehicle lineup, BMW Group has signed a 2 billion euro (US$2.28 billion) long-term supply contract with Northvolt, a Swedish manufacturer with a mission to build the greenest rechargeable batteries in the world.

Northvolt's commitment to sourcing 100% of the energy it needs to produce battery cells from wind and hydroelectric power g...

 

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