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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

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BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability. The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. —Marcus Behrendt, managing partner, BMW i Ventures.

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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.

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BMW Group uses Blockchain to drive supply chain transparency: “PartChain”

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The BMW Group is using Blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. —Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. —Andreas Wendt.

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BMW Group and Microsoft launch Open Manufacturing Platform

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At Hannover Messe, Microsoft and the BMW Group announced a new community initiative to enable faster, more cost-effective innovation in the manufacturing sector. Manufacturing production and profitability can be hindered by complex, proprietary systems that create data silos and slow productivity.

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BMW Group signs direct agreement with chip suppliers to secure supplies

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The BMW Group is exploring new ways of working with suppliers and, in the case of strategically important components, becoming more closely involved in the supplier network. The agreement guarantees the BMW Group the supply of several million microchips per year. Customer deliveries of the BMW iX got underway in early November.

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onsemi to supply EliteSiC technology to BMW for 400V DC bus in next-gen EVs

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onsemi, a provider of intelligent power and sensing technologies, announced a long-term supply agreement (LTSA) with BMW AG for onsemi’s EliteSiC technology in BMW’s electric drivetrains for 400 V DC Bus. onsemi’s latest EliteSiC 750 V M3 die is used in a full bridge power module delivering several hundred kilowatts of power.

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BMW Group sourcing aluminum produced using solar energy from EGA

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The BMW Group will begin sourcing aluminum produced using solar electricity with immediate effect. Generating the electricity needed to produce primary aluminum, i.e. aluminum obtained directly from the mineral compound alumina, is alone responsible for about 60% of the global aluminum industry’s greenhouse gas emissions.

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