BMW Widens Battery Component Suppliers With Samsung, LG Energy

🌐 Bloomberg (United States) —

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BMW is adding Samsung SDI and LG Energy Solution to its battery-cell supplier networks in Europe and the United States. The move is intended to diversify supply and reduce the carmaker's dependence on existing suppliers.

BMW AG is adding South Korean battery-cell makers Samsung SDI Co. and LG Energy Solution Ltd. to its supplier networks in Europe and the US as the German carmaker looks to reduce dependencies.

Markets Deals Commodities Energy BMW Samsung SDI LG Energy Solution battery cells supplier diversification automotive

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