TODAY'S MARKET INTELLIGENCE
BMW Builds Global, Diversified, Localized Battery Supply Chain; Three Domestic Cylindrical Battery Suppliers Form Tripod
English summary
BMW is building a global, diversified, and localized battery supply chain to mitigate geopolitical risks. Its large cylindrical battery suppliers in China include CATL, EVE Energy, and Envision Power, while it is in talks with Japanese and South Korean battery makers and preparing a North American supply chain. This move may enhance supply chain resilience and attract attention to related battery suppliers.
The English text is machine translated and may require verification against the Chinese version.
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