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BMW Group to build new $1B plant in Mexico; production start in 2019

Green Car Congress

The BMW Group has maintained good relations with Mexican suppliers for many years and purchased products worth $1.6 Motorcycle sales for the same period reached 2,064 units (+16.6%). A further $200 million will be invested to expand the joint venture carbon fiber plant in Moses Lake, Washington. billion locally last year.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

For example, IDTechEx expects that lithium-metal and solid-state batteries, axial flux motors, and carbon fiber materials will play an important role in eVTOL markets. Tier 1 cities in China were the first to adopt electric buses, driving rapid growth between 2012-2016, but now many of these markets are saturated.

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