BMW orders ₹1.75 lakh crore batteries as electric vehicle demand grows

  • BMW orders ₹1.75 lakh crore batteries as electric vehicle demand grows.
  • BMW AG has boosted orders for batteries cells to keep pace with accelerating demand for electric cars that made up for more than 11% of deliveries during the half of the year.
  • BMW’s increased cell orders are spread across China’s Contemporary Amperex Technology Co. Ltd. and EVE Energy Co Ltd., South Korea’s Samsung SDI Co. and Sweden’s Northvolt AB. While BMW has readied a response to growing EV sales, it’s continued to be constrained by the dearth of semiconductors.
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