Sweden’s Northvolt will make $2.3B of electric-car batteries for BMW

Sweden’s Northvolt will make $2.3B of electric-car batteries for BMW

BMW Concept i4As it ramps up electric-car production, BMW has inked a battery-supply deal with Sweden’s Northvolt. BMW plans to buy 2 billion euros ($ 2.3 billion) of batteries from Northvolt beginning in 2024. Batteries will be manufactured at a factory currently under construction Skelleftea, Sweden, which will use 100% renewable energy, according to a BMW…

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