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IT House reported on May 27, according to the Financial Associated Press, it was learned from people familiar with the matter that CATL has received a “fixed-point notice” from BMW, a customer, and will provide cylindrical battery supply for BMW’s new electric models.

Previously, BMW planned to use cylindrical batteries instead of prismatic cells in models based on the Neue KlaSSe electric vehicle platform to be released in 2025. According to people familiar with the matter,The change will reduce BMW’s battery costs by 30 percent. The insider also said:The energy density of the new BMW batteries will be at least a low double-digit percentage higher than Tesla’s round batteries, but provided no further details. That could help BMW make electric cars with longer range than Tesla.

IT House has learned that currently, BMW buys batteries from CATL and EVE Energy, South Korea’s Samsung SDI and Sweden’s Northvolt.

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The post Lower cost and higher density, people familiar with the matter say CATL will provide cylindrical batteries for BMW’s new electric models – yqqlm appeared first on Gamingsym.