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

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The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. Prior to joining BMW i Ventures in 2017, Baris Guzel worked as an investor at institutional venture capital funds and as an investment banker at top-tier investment banks.

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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. The supply will go beyond 2030. Limited (CATL) are intensifying their existing partnership based on their shared vision of CO 2 -neutral electrified trucking.

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Panasonic signs supply agreement for lithium-ion EV battery cans

Teslarati

Panasonic Energy signed a long-term supply agreement with H&T Recharge for lithium-ion battery cans in North America. H&T Recharge is a battery component manufacturer supplying cylindrical batteries for rechargeable lithium-ion batteries. The Japanese battery maker and H&T Recharge have been partners since 2017.

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BMW Group 1st automotive manufacturer to use new Pirelli tires containing FSC-certified natural rubber and rayon

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The BMW Group is stepping up its activities in the field of sustainability, becoming the first automotive manufacturer worldwide to equip its cars with tires using certified sustainable natural rubber and rayon, a wood-based material used to strengthen the tires. Small farmers are also represented in this initiative.

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Redwood Materials welcomes a new Chief Supply Officer

Teslarati

Redwood Materials welcomed a new Chief Supply Officer from the Tesla family recently. He worked at Tesla as the Director of Gigafactory Operations between 2017 and 2018 and as Vice President of Operations between 2018 to 2022 between 2018 and 2022. Tesla alum Christ Lister recently announced his new Red Materials role via Linked In.

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ProLogium to build €5.2B gigafactory for solid-state batteries in France

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Taiwan-based ProLogium has chosen France as the location for its first large-scale solid-state battery manufacturing facility outside of Taiwan. This major investment project aims to facilitate supply chain localization, R&D activities, and the manufacturing of next-generation batteries in Europe for ProLogium.

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Northvolt raises $1.B to support factory rollout plans in Europe; close to $8B since 2017

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With this capital raise, Northvolt has since 2017 secured close to $8 billion in equity and debt to deliver on its plans to establish a supply of sustainable batteries.

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