https://techcrunch.com/2019/11/21/bmw-locks-up-10-2-billion-euro-battery-order-ahead-of-ev-onslaught/

BMW announced Thursday it will spend more than 10 billion euros ($11.07 billion) on battery cells from Chinese battery cell manufacturer Contemporary Amperex Technology Co and Samsung SDI.

The deal comes just days after BMW unveiled its first purely electric premium mid-size sedan called the i4. The all-electric sedan, which won’t be available until 2021, is powered by the company’s fifth-generation eDrive platform and part of the company’s upcoming onslaught of EVs.