'BMW agrees $4.7 billion contract with China's CATL for battery cells
Duesmann said BMW had invested in some of the costs for the CATL factory in Erfurt, but declined to say how much.
Daimler said its strategy was to buy components where they are produced. “We welcome the decision of CATL to manufacture in Germany and are in talks regarding this,” a spokesman said.
BMW is sourcing raw materials for the cells itself to pass to the battery makers, in particular cobalt, and is currently negotiating long-term contracts.
Duesmann said BMW would only conclude contracts where inhuman conditions and child labor were ruled out. It said it was not sourcing cobalt from mines in Congo.'
Source-Reuters
Along with the Corporate Social Responsibility restricting a lot of the African product, being 'just across the river' from Germany (Quebec is only ~4000km away!) is a great setting for all the Canadian battery minerals explorers/producers.
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