Recently, according to the financial news agency, it learned from an insider that Ningde times has received the "fixed point notice" from the customer BMW, which will provide cylindrical batteries for the new BMW electric vehicles . According to the previous news, BMW plans to use cylindrical batteries instead of prismatic batteries, which are more common at present, in the models based on Neue Klasse electric vehicle platform released in 2025.
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According to informed sources, changing from prismatic to cylindrical, the energy density of the new BMW battery will be at least two digits higher than that of Tesla's round battery , which will help BMW to manufacture electric vehicles with longer endurance mileage than Tesla, but no further details were provided,
At the same time, this change will reduce the battery cost of BMW by 30%, which may also mean that the price of BMW's electric vehicles will be reduced.
As the world's top battery manufacturer, Ningde times ranked first in the world in terms of installed capacity in 2021, with a share of 31.8%, more than 10 percentage points ahead of LG new energy, the second place, and an increase of 7 percentage points over the same period last year.
At present, the major customers of Ningde times include Tesla, Geely, velai, Volkswagen, general motors, etc. BMW is one of them . However, BMW also purchases batteries from Eve energy, Samsung SDI in Korea and northvolt in Sweden.
