Remove 2016 Remove Manufacturer Remove Purchase Remove Supplies
article thumbnail

BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. That is why we now have a contractual agreement with our cell manufacturers that they will only use green power to produce our fifth-generation battery cells.

BMW 239
article thumbnail

Roskill forecasts demand for neodymium for magnets to result in supply deficit; substitutions by 2021

Green Car Congress

However, Roskill also projects that, driven by rapidly increasing demand for neodymium-iron-boron (NdFeB) magnets (used in traction motors among other applications), neodymium will fall into deficit in 2016, although demand will initially be met by the drawdown of stocks. Lanthanum and cerium prices will be limited by surplus supply.

Supplies 186
article thumbnail

Ballard signs $25M deal with Broad-Ocean for manufacture & sales of 30 and 85 kW fuel cell systems in China

Green Car Congress

Ballard Power Systems has signed a definitive agreement relating to technology transfer, licensing and supply arrangements with strategic partner Zhongshan Broad-Ocean Motor Co., Under the deal, Broad-Ocean will manufacture fuel cell modules in three strategic regions in China, including Shanghai.

China 150
article thumbnail

BASF introduces blockchain pilot project to improve circular economy and traceability of recycled plastics

Green Car Congress

million tons of plastic waste in 2016. With reciChain, our goal is to revitalize the value of plastics and significantly improve circularity in the supply chain. The result is a more competitive circular supply chain rather than a linear one, extending the lifecycle of plastics. —Marcelo Lu, President, BASF Canada.

Economy 423
article thumbnail

BMW Group sourcing aluminum produced using solar energy from EGA

Green Car Congress

Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The aluminum produced using solar power is processed in the light metal foundry at BMW Group Plant Landshut to manufacture body and drive train components, including those needed for electric drive trains.

BMW 395
article thumbnail

GM and Honda to establish industry-first $85M joint fuel cell system manufacturing operation in Michigan

Green Car Congress

General Motors and Honda are establishing the auto industry’s first manufacturing joint venture—Fuel Cell System Manufacturing, LLC, FCSM)—to mass-produce an advanced hydrogen fuel cell system that will be used in future products from each company. Earlier post.). and president of Honda North America, Inc.

Honda 150
article thumbnail

Report: insiders expect Samsung SDI to supply battery packs for BMW’s X5 plug-in hybrid

Green Car Congress

According to the Yonhap report, IHS speculated that the recent purchase of Magna Steyr’s battery pack division opened the door for the South Korean company to strengthen its corporate ties with BMW. Samsung SDI will supply the BMW Group with battery cells for the BMW i3, BMW i8 and additional hybrid models over the coming years.

Plug-in 150