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European Lithium executes binding lithium offtake agreement with BMW; advance payment of US$15M

Green Car Congress

European Lithium signed a binding long term lithium offtake agreement via its wholly-owned Austrian subsidiary ECM Lithium AT GmbH with BMW to secure the company’s first offtake of battery grade lithium hydroxide (LiOH) from its Wolfsberg Lithium Project underground mine in Austria. In 2011, KMI was granted a mining license for the Project.

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BMW Prices 2011 ActiveHybrid 7 from $103,125

Green Car Congress

BMW announced pricing for the 2011 ActiveHybrid 7 models ( earlier post ) during their North American debut at the Los Angeles International Auto Show. The ActiveHybrid 7 is a mild-hybrid application, and offers approximately a 15% reduction in fuel consumption. The combination of an upgraded 4.4-liter

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Junkyard Find: 1986 BMW 325es

The Truth About Cars

When I first became a wise and fair judge for the 24 Hours of Lemons race series , back in 2008, I got a lot of static from Internet Car Experts who noted the large quantity of BMW E30s in every race and proclaimed that any E30 in any condition was worth at least ten times more than the Lemons $500 limit on car cost. liter straight-six.

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BMW ActiveE available for leasing in US in Fall 2011

Green Car Congress

BMW ActiveE. The BMW ActiveE ( earlier post ) will be available for lease in the metropolitan markets of Los Angeles, San Diego, San Francisco, Sacramento, New York and Boston as well as the state of Connecticut beginning in Fall 2011 for $499 per month for 24 months with a down payment $2,250. Click to enlarge. Earlier post.)

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BMW Group expands BMW i Ventures role with new €500M fund; widened scope of investment, greater independence

Green Car Congress

The BMW Group is expanding the remit of its BMW i Ventures venture capital unit and creating a new fund of up to €500 million (US$531 million) over ten years to support it. BMW i Ventures keeps us close to trendsetters from all different fields and their innovations.

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Siemens developing inductive charging system for plug-in vehicles with BMW; testing in Berlin in June 2011

Green Car Congress

At Hannover Messe 2011, Siemens presented a development project for inductive charging (“Contactless Charging of Battery-Electric Vehicles”), developed in cooperation with BMW.

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Reports: Toyota and BMW to expand partnership on fuel-efficient vehicles, with Toyota providing hybrid and fuel cell technology to BMW

Green Car Congress

and BMW will expand their partnership, one aspect of which will be Toyota providing hybrid systems and fuel cell technology to BMW. The Nikkei reported that Toyota President Akio Toyoda and BMW Chief Executive Officer Norbert Reithofer will make an announcement this week. The Nikkei reported that Toyota Motor Corp. Earlier post.)

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