article thumbnail

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. —Joachim Post, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

BMW 444
article thumbnail

BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

Green Car Congress

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. —Greg Smithies, Partner, BMW i Ventures.

Gasoline 321
article thumbnail

H2 Green Steel and BMW Group sign final agreement on delivery of CO2-reduced steel

Green Car Congress

BMW Group and H2 Green Steel have signed a final contract on the delivery of CO 2 -reduced steel. The agreement addresses BMW Group’s upstream scope 3 emissions and includes recycling and end-of-life management measures. Steel, which is one of the world’s largest carbon dioxide emitters, is the company’s first business vertical.

BMW 259
article thumbnail

BMW Group to source lower CO2 aluminum from Rio Tinto in Canada from 2024

Green Car Congress

The BMW Group intends to source aluminum with significantly reduced CO 2 emissions from Rio Tinto’s hydro-powered operations in Canada starting in 2024 and has signed a memorandum of understanding to this effect. The BMW Group intends to become one of the first customers to use this technology in standard production.

BMW 218
article thumbnail

BMW targets drastic CO2 reductions per vehicle, teases i Vision Circular concept

Green Car Reports

BMW on Thursday announced a new effort to reduce its overall carbon footprint through the use of new materials, while also teasing a concept car that will put some of those ideas into action. The automaker hopes to reduce lifecycle carbon-dioxide (CO2) emissions 40% by 2030, a company press release said.

CO2 157
article thumbnail

BMW Group invests in MOE company Boston Metal; CO2-free steel production

Green Car Congress

The BMW Group company is investing in an innovative method for CO 2 -free steel production developed by American startup Boston Metal ( earlier post ), through its venture capital fund, BMW i Ventures. —Dr Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

Boston 246
article thumbnail

BMW Group shifting to cylindrical BMW cells in NEUE KLASSE from 2025; 46xx

Green Car Congress

The BMW Group will launch a new era of e-mobility from 2025 with the models of its NEUE KLASSE ( earlier post )— using newly-developed cylindrical battery cells optimized for the new architecture for the first time. —Frank Weber, member of the Board of Management of BMW AG responsible for Development.

BMW 273