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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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BMW i Ventures leads investment in autonomous forklift company, Fox Robotics

Green Car Congress

BMW i Ventures announced its lead investment in Fox Robotics, developers of the first intelligent forklift that can autonomously unload pallets from the trailer to the receiving dock. Supply chain efficiency and resiliency are top of mind for many companies today. —Kasper Sage, Managing Partner at BMW i Ventures.

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Tesla outpaces Volkswagen, Subaru, BMW in 2023 U.S. market share

Teslarati

percent of the total market share in the United States in 2023, outpacing companies like Volkswagen, Subaru, and BMW. Tesla gained a small portion of market share in the United States’ overall vehicle sector and sold over 25 percent more vehicles in the country in 2023 compared to the year prior. Tesla held 4.2

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

To mark the 20 th anniversary of the BMW Brilliance Automotive Ltd. BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. More than half the vehicles the BMW Group sells worldwide should be fully electric before 2030.

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BMW i Ventures co-leads investment in circular supply chain company Cyclic Materials; recycling rare earth elements

Green Car Congress

BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). As global market demand for REEs is forecasted to increase threefold by 2030, establishing new sources of REEs is critical.

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BMW deploying iX5 Hydrogen pilot fleet

Green Car Congress

After four years of development work, the BMW iX5 Hydrogen vehicle and its development project are entering its next phase as the first vehicles enter a pilot fleet of less than 100 vehicles. The BMW iX5 Hydrogen developed on the basis of the current BMW X5 was first unveiled as a concept at the IAA show in 2019.

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BMW Group to lead €19.5M HyCET project consortium on hydrogen combustion engine trucks

Green Car Congress

The German Federal Ministry for Digital and Transport (BMDV) approved the funding application for the consortium research project HyCET (Hydrogen Combustion Engine Trucks) led by the BMW Group. The other HyCET project partners are DEUTZ AG, DHL Freight GmbH, KEYOU GmbH, TotalEnergies Marketing Deutschland GmbH and Volvo Group.

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