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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

Green Car Congress

A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.

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

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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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New top model PHEV in the BMW 5 Series

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With almost 50,000 units, BMW 5 Series plug-in hybrid models were the most successful electrified models in the BMW Group’s portfolio worldwide in 2019. The new top-of-the-range BMW 545e xDrive Sedan (combined fuel consumption: 2.4 – 2.1 The new top-of-the-range BMW 545e xDrive Sedan (combined fuel consumption: 2.4 – 2.1

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BMW Group invests in Jetti Resources; catalytic leaching process for copper extraction from unexploited ores

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Through its venture capital fund BMW i Ventures, the BMW Group has taken a stake in Colorado-based Jetti Resources. BMW’s goal is to foster responsible and resource-conserving copper extraction to address rising demand in a more sustainable way. The technology is already being deployed to great success at industrial scale.

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BMW Group to source lithium from Livent

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To support its accelerated expansion of e-mobility in the coming years, the BMW Group will source lithium from a second leading supplier, US-based Livent. Livent will supply the lithium directly to the BMW Group’s battery cell manufacturers from 2022 on. The value of the multi-year contract will total around €285 million.

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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% Accordingly, Navigant expects this luxury brand push to increase global sales of plug-in EVs significantly in the near term. —“Electric Vehicle Market Forecasts”. million units. Source: Navigant.

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. rise in global manufacturing of all motor vehicles expected in 2014. In December 2013, IHS projected total global automotive sales in 2014 of 85 million, roughly resulting in an expected approximate 0.5% share for PEVs in the global market this year.

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