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Avass Group to manufacture EVs, lithium batteries in Saudi Arabia

Green Car Congress

Australia-based Avass Group recently signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters Avass Group’s plans to mass manufacture full electric buses and lithium batteries in Saudi. Allen Saylav, Group Chief Executive Officer at Avass.

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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.

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BMW Group and Microsoft launch Open Manufacturing Platform

Green Car Congress

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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EV developer Rivian closes $2.5B funding round; raised $10.5B in total since 2019

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This round included participation by Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue. billion since 2019. In February 2019, Rivian announced a $700-million funding round led by Amazon. In February 2019, Rivian announced a $700-million funding round led by Amazon.

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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. That is why the BMW Group plans to source aluminum produced with green power in the long term—enabling it to avoid approximately 2.5 The BMW Group is now taking the next logical step by sourcing aluminum produced with green power.

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Volvo Car Group exceeds 600,000 vehicles sold on the CMA platform

Green Car Congress

Volvo Car Group, including its strategic affiliates Lynk & Co and Polestar, produce vehicles based on the Compact Modular Architecture (CMA) platform, introduced in 2017. To the end of July more than 600,000 group vehicles based on the platform have been sold. billion) in 2019, and strengthened its operating profit from SEK 1.6

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Renault Group and Managem Group sign agreement for sustainable supply of Moroccan cobalt

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Renault Group and Managem Group , a Moroccan player in the mining and hydrometallurgy sector, signed a memorandum of understanding (MoU) aimed at securing the supply of low-carbon and responsible cobalt sulfate for electric batteries. billion from 2025 and a target of €3 billion.

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