CATL

BMW aims to slash battery costs for electric vehicles by 30 percent with the introduction of the Neue Klasse platform featuring cylindrical cells. The disclosure was made a few weeks ago when insiders assumed the…

The electric revolution seems to be in full swing. Even though some manufacturers – BMW included – are still considering hydrogen as a potential alternate to ICE cars as well, customers are demanding more EVs…

Late last month, BMW’s CEO, Mr. Harald Krueger unveiled to the world, in an interview, that BMW plans to add a third supplier of batteries to its roster, this time a Chinese company otherwise known…

BMW has just ordered several billion euros worth of batteries for its planned electric cars from the Chinese manufacturer CATL. Chief Executive Harald Krüger announced in an interview with Handelsblatt. Rumors are that CATL will build…