BMW to Hike EV Battery Cell Orders 20%-30% in 2016

Newswire

ULSAN, SEOUL, South Korea, July 15 (Reuters) - German premium automaker BMW plans to increase orders of electric vehicle battery cells by "at least" 20 to 30 percent from its exclusive supplier Samsung SDI in 2016 from its 2014 level, one of BMW's top executives told reporters. South Korea's Samsung SDI will not only increase its supply for BMW's i3 and i8 electric cars but start supply for its future hybrid models starting with the X5 plug-in hybrid, Klaus Draeger, ...

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