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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. BMW Group has set ambitious sustainability targets as it aims to reduce CO 2 emissions along the entire value chain.

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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 ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

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BMW i Ventures leads Series B Round of nanocoating technology company, actnano

Green Car Congress

BMW i Ventures announced a lead investment in the Series B financing round of actnano , a company that has developed a next-generation nanocoating that offers protection for electronics across the automotive and consumer electronics markets. —Kasper Sage, managing partner at BMW i Ventures.

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Europe’s Most Financed Luxury Car Brand

EV Info

Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. This help to show that BMW is more of a bank than a car company.

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

Green Car Congress

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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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. Same goes for the myriad of decade-old BMW X5s and Merc C-Class sedans. At the gross income of $100,000 annually, this shakes out to $10,000 per year or about $833 per month. per month (about 10 cents per mile).

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Tesla tweaks financing product with best resale value guarantee and lower monthly payments

Green Car Congress

In response to critiques of the first version of its financing program introduced early in April ( earlier post ), Tesla Motors has raised the Model S resale value guarantee to be the highest of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). —Tesla Co-founder & CEO Elon Musk.

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