Is the second OEM BMW?

2021-09-23

$Quantumscape Corp.(QS)$ Is the second OEM BMW?

The German carmaker now has contracts for more than 20 billion euros ($23.8 billion) of batteries, up from 12 billion euros previously, Chief Executive Officer Oliver Zipse said in an interview. The cells are destined for i4 sedans, iX sport utility vehicles and other models BMW is producing through 2024. The company plans to start switching to a new generation of batteries the following year. Very good news.

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