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China's CATL to build electric car battery plant in Germany: BMW

AFP  |  Frankfurt Am Main 

Chinese firm will build a battery factory in central to supply the country's auto industry through its transformation toward electric cars, high-end manufacturer said today.

"We are very pleased that has decided to build a factory for battery cells in Erfurt," capital of Thuringia state, the Munich-based firm said in a statement, adding it has a deal with the world's largest to buy cells worth 4.0 billion euros ($4.7 billion) in and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 09 2018. 16:15 IST