June 28, 2018 / 6:41 PM / 3 months ago

BMW signs battery order with China's CATL

June 28 (Reuters) - BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China’s lithium battery maker Contemporary Amperex Technology Ltd (CATL) , allowing the company to build a factory to produce cells for electric cars in Europe, the German carmaker’s spokesman Glenn Schmidt said on Thursday.

CATL is scouting potential locations for a battery production facility in Europe with the German state of Thuringia encouraging the Chinese manufacturer to use a site near Erfurt, in eastern Germany.

Last month, Daimler placed an order with CATL to buy electric car battery cells. ($1 = 0.8638 euros) (Reporting by Rama Venkat Raman in Bengaluru Editing by Alexandra Hudson)

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