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BMZ Secures Long Term Li-Ion Cell Delivery for E-Bike Batteries

KARLSTEIN am MAIN, Germany – Europe’s biggest e-bike battery maker – BMZ – has been able to secure delivery of hundreds of millions of Lithium-Ion cells. Such cells are the core of e-bike batteries as well as those for electric cars like Tesla and many ‘mobile’ products. With that demand for batteries is “exploding and delivery of cost-effective battery cells is crucial,” said BMZ CEO Sven Bauer.
Agreement between BMZ and LG Chem is for long term supply of hundreds of millions of LG’s Li-Ion cells up to end of 2022. – Photo LG Chem