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Sweden's Northvolt will make $2.3B of electric-car batteries for BMW

Green Car Reports

As it ramps up electric-car production, BMW has inked a battery-supply deal with Sweden's Northvolt. BMW plans to buy 2 billion euros ($2.3 Batteries will be manufactured at a factory currently under construction Skelleftea, Sweden, which will use 100% renewable energy, according to a BMW.

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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

Green Car Congress

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. —Greg Smithies, Partner, BMW i Ventures. 2020.01.002.

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GM commits to 100% renewable energy by 2050

Green Car Congress

General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100% renewable energy—such as wind, sun and landfill gas—by 2050. Establishing a 100 percent renewable energy goal helps us better serve society by reducing environmental impact. —GM Chairman and CEO Mary Barra.

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BMW to offer renewable energy certificates

Green Cars News

BMW is teaming up with Green Mountain Energy Company to offer renewable energy certificates to drivers of the BMW ActiveE (pictured). Drivers can buy the certificates from Green Mountain to cover the electricity that is estimated to be used in the electric vehicles.

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Hexagon Purus to acquire 40% stake in Cryoshelter’s liquid hydrogen storage business

Green Car Congress

The transaction contemplates a split of Cryoshelter into separate legal entities for the liquid hydrogen and liquid natural (renewable) gas businesses, enabling Hexagon Purus’ direct investment in early-stage liquid hydrogen tank technology. Hexagon Purus has options to buy remaining interests in Cryoshelter over the next 5 -10 years.

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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The update was related during a top government meeting. Reports of the meeting were shared by Chinese state-owned broadcaster China Central Television ( CCTV).

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Modern luxury: Exploring sustainability in the premium space

EV Central

Produced in partnership with BMW. BMW says it can, and does. You can see that in Australian communities and the way the accepted order of things has changed, from the politicians we elect to the cars that we buy. At the same time BMW recognises certain standards are expected by buyers of its vehicles.

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