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WirtschaftsWoche reports BMW and GM to cooperate on hydrogen fuel cells

Green Car Congress

WirtschaftsWoche (WiWo) reports that BMW and GM will announce a cooperation agreement on hydrogen fuel cell technology in mid-January. According to the report, BMW will receive fuel cell technology from GM in return for investment in the research. Earlier post.).

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Tesla-Rivaling 'Ionna' Charging Network From Seven Automakers Starts Taking Shape

InsideEVs

Honda, GM, Hyundai, BMW, Kia, Stellantis and Mercedes-Benz are forming the charging supergroup the EV industry needs right now.

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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. Other automakers, including Ford and GM, have seen massive falls in stock value over the same timeframe. BMW stock chart by TradingView. P911 stock chart by TradingView.

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GM leaps ahead in lithium mining race, secures next-gen extraction deal

Teslarati

General Motors (GM) has secured a next-generation lithium extraction deal with Puerto Rico-based startup, EnergyX. This has pushed many, including GM, further down its supply chain, buying up companies and securing supplies for the future. Along with this risk, GM does have some incredible upsides.

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Autonomous vehicle company Nauto closes $159M round; Softbank, Greylock join BMW, GM, Toyota

Green Car Congress

Other participants include previous strategic investors BMW iVentures, General Motors Ventures, Toyota AI Ventures and the venture unit of global financial services and insurance provider Allianz Group, and Series A investors Playground Global and Draper Nexus. Francis (Ford, GM) and Bruce Leak of Playground Global.

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GM moves to match Tesla and Ford with new EV production

Teslarati

GM is reportedly considering expanding EV production to its existing Ramos Arizpe plant in northern Mexico. General Motors (GM) and other major American automakers have long had a presence South of the United States. Informaron que en 2024 su complejo industrial de Ramos Arizpe, Coahuila, producirá solo vehículos eléctricos. .

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BMW is building EVs and legacy gas-burners on the same production lines—and it seems to be working – Charged EVs

Baua Electric

Conventional wisdom among EV advocates is that this is a mistake—industry leader Tesla and other startups have generally taken a clean-sheet approach to designing both their cars and the factories that make them. EVs accounted for 15 percent of BMW’s sales in 2023, up from 9 percent the previous year.

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