Yiwei Lithium will provide large cylindrical batteries for BMW electric vehicles in Europe, and the production line is under construction.

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! August 17, according to foreign media reports, two people familiar with the matter said that lithium battery maker Yiwei LiNeng will provide large cylindrical batteries for BMW's electric vehicles in Europe.

Yiwei Lithium Energy, founded in 2001, is a lithium battery manufacturer and was first listed on Shenzhen gem in 2009. Before going public in 2009, the company focused on high-energy lithium primary batteries with independent intellectual property rights as its core business. It was only in the next few years that the company gradually developed production businesses such as power storage batteries.

Yiwei LiNeng has signed a contract to become the main battery supplier to BMW's new series of electric vehicles that will be listed in Europe in 2025, according to a person with direct knowledge of the deal.

Yiwei LiNeng responded in an interview with the relevant media: the company has been designated by BMW before, and the company's production line is under construction. After completion, it can be supplied normally through negotiation with the other party.

In March this year, Yiwei LiNeng was also selected as a supplier to Bosch, providing Bosch with lithium-ion power batteries for auxiliary applications in electric vehicles in the global market.

In addition to Bosch, Yiwei Lithium has successively obtained supply order letters and orders from international well-known car companies such as Daimler, Hyundai Kia, Jaguar Land Rover and so on.