BMW Signs $2.3 Billion EV Battery Deal With Sweden's Northvolt

GALWAY, IRELAND--August 3, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--German automaker BMW has signed a 2 billion-euro ($2.3 billion) deal for batteries for its big push into the electric vehicle (EV) market with Swedish battery cell manufacturer Northvolt.

Within this article: Details EV battery deal, related battery deals, scale of investment, new European EV battery plants and EU investment