MUNICH, Nov 9 (Bernama-dpa) -- German carmaker BMW announced on Monday it plans to buy more battery cells from Europe and the United States, reported German news agency dpa.
BMW Plans To Buy More Batteries From Europe And US
bmw, battery cells, europe, us
Key takeaways
BMW plans to buy more batteries from Europe and the US, sourcing from Samsung and LG factories.
- BMW aims to shorten transport routes and strengthen supply chain security.
- Battery cells will be produced by Samsung and LG in Europe and the US.
- Diversifying procurement is part of BMW's purchasing strategy.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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