CATL To Supply Ford, BMW, And Others With Batteries From North American Plant | Carscoops carscoops
notes that the battery giant is gearing up to open its first battery plant outside China later this year. Located in Arnstadt, Germany, the factory is costing CATL €1.8 billion and will supply BMW and other car manufacturers. It will have an initial annual capacity of 8 gigawatt-hours.
The establishment of a factory in the U.S. will prove to be particularly important for BMW as it hopes to sell two million electric vehicles by 2025 and have EVs account for at least half of its global deliveries by 2030. A number of other battery manufacturers are planning to establish factories in the States. In addition to
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