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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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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 to source lithium from Livent

Green Car Congress

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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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The latter also partnered with BMW. New material selection and change of manufacturing procedures show an indication of a reshuffle of the battery supply chain. Ford, Samsung, and Hyundai invested in Solid Power.

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IDTechEx: EV market doubles down on permanent magnets despite material costs

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IDTechEx has researched the electric motor market for electric vehicles, including analysis, benchmarking, and demand forecasts of different motor technologies resulting in its report: “ Electric Motors for Electric Vehicles 2022-2032 ”. Wound rotor options have been used by Renault and recently adopted by BMW for its 5 th -generation drive.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report.

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BMW i ChargeForward Program to demo contribution of intelligent EV charging to grid efficiency

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At the Consumer Electronics Show in Las Vegas, BMW announced the BMW i ChargeForward Program—a pilot study to be undertaken by the BMW Group Technology Office, together with Pacific Gas & Electric Company (PG&E). Grid efficiency through managed charging, combined with a used EV battery “second-life” system.

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