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BMW Group uses Blockchain to drive supply chain transparency: “PartChain”

Green Car Congress

The BMW Group is using Blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. The automotive industry’s international supply chains are highly complex. BMW Group co-founded Mobility Open Blockchain Initiative ( MOBI ) in 2018.

BMW 386
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Benchmark: Saudi Arabia is building an EV battery supply chain

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Saudi Arabia has cut a number of deals recently that coud make the country’s lithiu-ion supply chain the most developed in the Middle East, according to an analysis by Benchmark Mineral Intelligence. Rabigh Refining & Petrochemical Company will supply feedstock in the form of decant oil. Earlier post.)

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Redwood Materials welcomes a new Chief Supply Officer

Teslarati

Redwood Materials welcomed a new Chief Supply Officer from the Tesla family recently. He worked at Tesla as the Director of Gigafactory Operations between 2017 and 2018 and as Vice President of Operations between 2018 to 2022 between 2018 and 2022. It is startup speed mixed with huge industrial facilities.

Supplies 126
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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

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Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. The geology and hence mining at Butcherbird are simple, according to the company.

Australia 387
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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by Lewis Black, CEO of Almonty Industries. in the April report for the Institute for Supply Management’s Manufacturing Index. This primarily includes dealing with a strained supply chain on critical raw materials, like tungsten, to produce all of those EV-powered automobiles, cranes, trucks and more. Source: Almonty.

Supplies 380
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Equinor contracts for first green-ammonia-fueled supply vessel; 2MW SOFC

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Norway-based energy company Equinor has contracted with Eidesvik Offshore for the Viking Energy supply vessel, which is being retrofitted to make it capable of covering long distances fueled by carbon-free ammonia. The vessel will transport supplies to installations on the Norwegian continental shelf (NCS). The Viking Energy.

Supplies 395
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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

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The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. Of the investments made in Fund I, BMW i Ventures has enabled seven companies to go public so far. BMW i Ventures was established as an independent venture capital firm in 2016.