BMW AG will switch to the next generation of lower-cost batteries for its new electric-vehicle platform from 2025 as carmakers battle rising prices for raw materials.
The world’s biggest luxury-car maker will use round cells instead of prismatic ones for its “Neue Klasse” underpinnings, following Tesla Inc.’s steps, who’s been using a cylindrical shape for some time. The change will deliver a 30% drop in costs, according to people familiar with the plans.
