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BMW i Ventures invests in Natural Fiber Welding; plant-based leathers, yarns and foams

Green Car Congress

BMW i Ventures has invested in Natural Fiber Welding , Inc. The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. Synthetic polyurethane-based leathers require around 5 kg carbon dioxide equivalent per kg of synthetic polymer produced.

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BMW i Ventures announces lead investment in Mangrove Lithium Series A; green lithium refining technology

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BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. The company has developed a modular platform producing battery-grade lithium hydroxide and carbonate from diverse input streams and assets to improve the sustainability profile of lithium.

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BMW Group, WWF Germany, Volvo Group back moratorium on deep-sea mining

Green Car Congress

The BMW Group has launched an initiative to protect the deep seas in cooperation with the WWF Germany. WWF’s recent report, “ In Too Deep ,” shows the projected large-scale destruction of the seabed could affect global fisheries and threaten carbon and nutrient cycles in the ocean.

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BMW expects to have solid-state battery in a demonstrator vehicle well before 2025; IPCEI grants

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In March, BMW presented the Neue Klasse generation of vehicles, to be launched by the middle of this decade, which will be clearly focused on all-electric drivetrains. For the Neue Klasse, the BMW Group is developing the next generation of its battery technology. —Oliver Zipse, Chairman of the Board of Management of BMW AG. ".

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SGL Group and BMW Group JV to Build New Carbon Fiber Plant; Output Exclusively for Upcoming Megacity Vehicle

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SGL Automotive Carbon Fibers LLC, the joint venture between SGL Group and BMW Group ( earlier post ), will build a carbon fiber manufacturing plant in Moses Lake, WA. In the next step, the facility in Moses Lake will convert the polyacrylic fibers into the actual carbon fibers.

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SGL Group and BMW Group Establish Carbon Fiber-Joint Venture; BMW Will Use Output in the Megacity Vehicle

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SGL Group and BMW Group have formed a 51:49 joint venture to manufacture carbon fibers and fabrics for the automotive industry. The joint venture will be operated through two companies, one based in North America (SGL Automotive Carbon Fibers LLC), and the other in Germany (SGL Automotive Fibers GmbH & Co KG).

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Bcomp closes US$35M Series B with mobility and impact venture capital

Green Car Congress

Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 BMW has tested and validated Bcomp’s ampliTex and powerRibs technologies in leading motor racing categories since 2019. Starting with the iFE.20

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