Company filings also show EVE is planning a large cylindrical battery plant in central China.
The shift by BMW, which currently uses prismatic batteries, underscores growing momentum for larger-format cylindrical batteries. Prismatic batteries, which are rectangular in shape, have become the most common form of auto battery in the past two years as they can be more densely packed, saving on costs. But proponents of cylindrical batteries argue the newer larger format cells have become more cost-effective due to improvements in energy density.
Expectations are high that these batteries will also be large-sized cells. CATL did not respond to a request for comment on planned dimensions.EVE’s deal with BMW prompted the Chinese company to announce in March that it would build a cylindrical battery production facility in Debrecen, Hungary – its first plant in Europe, according to the person with direct knowledge of the deal.
CATL announced last week it would build Europe’s biggest battery plant with annual capacity of 100 gigawatt hours, also in Debrecen, to supply European automakers. Mercedes-Benz will be its largest client.
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