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BMW Group secures CO2-reduced steel for global production network

Green Car Congress

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. Top: Steel Dynamics; Center: US Steel; Bottom: HBIS Group.

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Volkswagen Group delivers 42% more all-electric vehicles in the first quarter

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Volkswagen Group deliveries of all-electric vehicles (BEVs) rose by 42% in Q1 2023 compared to the prior-year period, which was hit harder by supply chain issues. Around 70% of the Group’s BEV deliveries went to its home region of Europe. BEVs made up 6.9% of total deliveries in this period, compared with 5.2% 5 41,900 Volkswagen ID.3

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Volkswagen Group doubles deliveries of battery-electric vehicles in Q3 to 122,100

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Despite a shortage of semiconductors, the Volkswagen Group delivered 122,100 BEVs (battery-electric vehicles) to customers in the third quarter (July to September), an increase of 109% compared with the prior-year quarter. The Group was the market leader here, accounting for a BEV market share of around 26%. model family.

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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

Green Car Congress

Hyundai Motor Group signed an investment contract with the government of Guangdong Province to establish an offshore fuel cell system production facility in Guangzhou, China. The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry.

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Volkswagen Group delivers 217,100 BEVs in 1H 22, up 27%

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The Volkswagen Group increased its deliveries of all-electric vehicles by 27% year-on-year in 1H 2022. Despite supply bottlenecks, a temporary stop of production in Europe and Covid-related lockdowns in China, 217,100 BEVs have been handed over to customers in the first half year, up from 170,900 in the prior-year period.

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WSJ: China to create new state-owned rare-earths giant

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The Wall Street Journal reported that China will create one of the world’s largest rare-earths companies with the aim of maintaining its dominance in the global supply chain of the strategic metals as tensions deepen with the US. of China Ltd. and Ganzhou Rare Earth Group Co. Aluminum Corp.

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Hyundai Motor Group’s connected car services reach 10M global service subscribers

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Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The Group said that this rapid growth supports the acceleration of the Group’s Software-Defined Vehicle (SDV) strategy. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.

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