CATL to build battery plant in Germany, supply batteries to BMW

CATL signed an investment agreement with the government of Thuringia, Germany, on July 9, 2018. Under the contract, CATL is going to invest EUR 240 million in building a new battery plant and a technical center in Erfurt, Thuringia. The new plant is going to work on research, development, and production of lithium-io....

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