Green Car Congress

JULY 1, 2021

BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability. This marks BMW i Ventures’ second dedicated investment fund, which is fully backed by BMW Group. With Fund II we will refocus our investment thesis to even better serve the needs of the ecosystem and the BMW Group as a whole.

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Sustainable Transportation BMW Manufacturer Transportation 294

Green Car Congress

MARCH 22, 2023

BMW i Ventures announced a co-lead investment in the $16.1-million Other investors include UVC Partners, Bayern Kapital with Wachstumsfonds Bayern, and Continental’s Corporate Venture Capital Unit. million Series A round for startup DeepDrive. We are pleased that our involvement can help this new technology achieve a breakthrough.

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BMW Motor Motors Motoring 259

Green Car Congress

OCTOBER 7, 2021

To promote environmentally-friendly, resource-efficient extraction of lithium, the BMW Group is investing , through its venture capital fund BMW i Ventures, in US startup Lilac Solutions. The BMW investment was part of Lilac’s just-closed US$150-million Series B financing.

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BMW Companies Financing Standards 236

Green Car Congress

OCTOBER 13, 2020

The use of artificial intelligence (AI) is a central element of the digital transformation process at the BMW Group. The BMW Group already uses AI throughout the value chain to generate added value for customers, products, employees and processes. The BMW Group’s AI applications should be implemented so they work responsibly.

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BMW Building 2018 Store 418

Green Car Congress

JULY 16, 2020

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. —Andreas Wendt.

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BMW Europe Supplies Batteries 239

Green Car Congress

MAY 4, 2022

Mercedes-Benz Mobility and BMW Group intend to sell their car-sharing joint venture SHARE NOW to Stellantis. SHARE NOW was established in 2019 combines the DNA of car2go, which was developed by the former Daimler AG, and DriveNow, the BMW Group’s offering. —Rainer Feurer, Head of Corporate Investments at the BMW Group.

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Mercedes BMW Cars Europe 273

Green Car Congress

DECEMBER 13, 2021

In July, the BMW Group, in collaboration with Amazon Web Services Inc. The BMW Group worked closely with the Amazon Quantum Solutions Lab Professional Services team throughout the challenge. TUM is an important partner for the BMW Group for research in the field of quantum computing. The BMW Group is providing €5.1

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BMW Industrial Industry Future 199

Green Car Congress

JUNE 11, 2021

Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium ( QUTAC ). At the time of its founding, the consortium includes BASF, BMW Group, Boehringer Ingelheim, Bosch, Infineon, Merck, Munich Re, SAP, Siemens, and Volkswagen.

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BMW Stimulus Package Stimulus Germany 221

Green Car Congress

JANUARY 16, 2020

BMW i Ventures has invested in Alitheon , an optical AI software creator and deep-tech startup developing generative engineering software aimed at automating the product development process. —Marcus Behrendt, Partner, BMW i Ventures.

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BMW Companies Manufacturer Supplies 195

Green Car Congress

DECEMBER 11, 2019

As part of its electromobility expansion, the BMW Group is deepening its existing business relationship with Ganfeng Lithium based in Jiangxi (China). In this way, the BMW Group is securing 100% of its lithium hydroxide needs for fifth-generation battery cells in its high-voltage batteries. —Andreas Wendt.

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BMW Australia Supplies Morocco 170

Green Car Congress

NOVEMBER 24, 2017

SGL Carbon SE is acquiring BMW Group’s 49% equity investment in the joint ventures SGL Automotive Carbon Fibers GmbH & Co. Carbon fibers and carbon fiber materials are at the core of SGL Group's corporate strategy. Likewise, BMW Group’s CFRP-stacks production unit in Wackersdorf will not be affected.

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Carbon Fiber BMW Carbon Germany 170

Green Car Congress

JANUARY 8, 2020

BMW Group has become the first member of the Initiative for Responsible Mining Assurance ( IRMA ) in the automotive sector. As a member of IRMA, the BMW Group will be participating in IRMA programs to transform the industrial mining sector towards more responsible practices. —Aimee Boulanger, Executive Director of IRMA.

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BMW Purchase Standards Industrial 170

Green Car Congress

DECEMBER 1, 2016

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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BMW San Francisco New York City New York 150

Green Car Congress

DECEMBER 12, 2014

Among its offerings at the upcoming North American International Auto Show (NAIAS) in Detroit next month, BMW will present the prototype of a drive module for electric hydrogen fuel cell drive systems for the first time.

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Detroit BMW Hydrogen Auto 199

Green Car Congress

SEPTEMBER 19, 2017

BMW i Ventures has made a strategic investment in DSP Concepts, Inc.—a Christian Noske, a partner at BMW i Ventures, has joined the Company’s Board of Directors. Cadence Design Systems, Knowles Corporation, STMicroelectronics, Texas Instruments Inc., Partners of DSP Concepts include Amlogic, Inc.,

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BMW Concept Financing Texas 150

Green Car Congress

JUNE 13, 2017

Generation Investment Management LLP, a long-term, sustainability focused investment firm led the round, which was joined by BMW i Ventures, the corporate venture capital team founded by BMW Group in 2011. —Zach Barasz, partner at BMW i Ventures.

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BMW San Jose South Carolina Los Angeles 150

Green Car Congress

APRIL 25, 2022

Four key Hyundai Motor Group affiliate companies—Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia), Hyundai Mobis, and Hyundai Wia—are now members of Climate Group’s RE100 , a global initiative committed to large corporates moving toward 100% renewable electricity.

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Hyundai Renewable Climate Motor 186

Green Car Congress

APRIL 6, 2016

BMW i Ventures made a strategic investment in RideCell , a provider of software to power mobility-as-a-service (MaaS), including car-sharing, ride sharing, fixed-route, and dynamic transit services. The convergence of transportation trends in cities is of key importance to BMW. —Ulrich Quay, Head of BMW i Ventures.

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BMW New York Financing Fleet 150

Green Car Congress

DECEMBER 18, 2017

The BMW Group has delivered more than 100,000 electrified vehicles to customers worldwide in 2017, as promised at the beginning of the year. The BMW Group selected this glowing symbol to represent the technological change taking place in mobility. —Harald Krüger, Chairman of the Board of Management of BMW AG.

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BMW Light 2017 Batteries 150

Green Car Congress

JUNE 25, 2014

Automakers took the top four slots in the 50 Best Global Green Brands list for 2014, published by Fortune magazine in conjunction with the consulting firm Deloitte and Interbrand. The Best Global Green Brand report’s overall scores are calculated by combining the standardized performance and perception scores. Products and Services.

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2014 Honda Global Green 246

Green Car Congress

JUNE 29, 2012

Akio Toyoda, President of Toyota Motor Corporation (TMC), met with Norbert Reithofer, Chairman of the Board of Management of BMW AG, at BMW Group headquarters in Munich for the signing. At the BMW Group, we refer to this as “iconic change”. Toyota Motor Corporation helped hybrid technology achieve its global breakthrough.

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BMW Toyota Fuel Cars 236

Green Car Congress

DECEMBER 10, 2011

WirtschaftsWoche (WiWo) reports that BMW and GM will announce a cooperation agreement on hydrogen fuel cell technology in mid-January. According to the report, BMW will receive fuel cell technology from GM in return for investment in the research. Earlier post.). Earlier post.).

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BMW GM Hydrogen Fuel 225

Green Car Congress

MARCH 27, 2012

BMW Group and Toyota Motor Corporation (TMC) have signed an agreement on collaborative research in the field of next-generation lithium-ion battery cells and have begun said research. Earlier post.). liter and 2.0 liter diesel engines to TME starting in 2014.

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Lithium Ion BMW Toyota Motor 210

Green Car Congress

JULY 6, 2016

Car-sharing service DriveNow is extending its service to Brussels—the tenth European city where the premium car sharing joint venture from BMW Group and Sixt SE will operate. In this context, the BMW Group introduced ReachNow in Seattle in April.

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BMW Fleet Cars Seattle 150

Green Car Congress

OCTOBER 30, 2020

Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.

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Mitsubishi Corporation Standards Charging 334

Green Car Congress

APRIL 26, 2013

BMW, ChargePoint and DriveNow have teamed for BMW’s Bay Area Sustainability Hackathon focusing electric vehicles, EV charging and mobility services. More than 200 developers, entrepreneurs, electric vehicle experts and corporate executives are expected at the weekend event 27-28 April focusing on sustainability issues.

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BMW USA Charging IDEA 218

Green Car Congress

APRIL 8, 2016

Following a successful pilot program, BMW Group has launched ReachNow, a free-floating premium car sharing service, in Seattle. The initial fleet of 370 vehicles, including the BMW i3, the BMW 3 Series and the MINI Cooper, will be located on the streets of Seattle for immediate use. Earlier post.). ReachNow rates.

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Seattle BMW Cars 2016 150

Green Car Congress

DECEMBER 1, 2011

BMW Group and Toyota Motor Corporation (TMC) have signed a memorandum of understanding (MOU) concerning a mid-to-long-term collaboration on next-generation environment-friendly technologies. The battery technology that we will develop with BMW will be the core technology for both reducing and replacing petroleum fuel.

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BMW Toyota Lithium Ion Li-ion 218

Green Car Congress

JULY 7, 2021

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. General Motors and the BMW Group are also RE100 members.

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Hyundai Renewable Climate Slovakia 321

Green Car Reports

AUGUST 29, 2016

Today, Consumers Union busts myths about Corporate Average Fuel Economy (CAFE) standards, an MIT study indicates electric-car range anxiety is overblown, and a BMW i3 REx owner assesses the pros and cons of the extended-range electric car. All this and more on Green Car Reports. Check out.

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BMW Range MIT Extended Range 74

Green Car Congress

MARCH 6, 2021

Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. We are delighted to back Skeleton because we see that, besides their technological advantage, they are going after scale as evidenced by their participation in the €3-billion ‘European Battery Innovation’ project alongside companies such as Tesla and BMW.

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Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

JANUARY 24, 2013

BMW Group and Toyota Motor Corporation (TMC) signed binding agreements aimed at long-term collaboration between the two companies for the joint development of a hydrogen fuel cell system; joint development of architecture and components for a sports vehicle; and joint research and development of lightweight technologies. liter and 2.0-liter

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BMW Toyota Lithium Ion Fuel 225

Green Car Congress

FEBRUARY 26, 2021

Stage 1 Ventures led the first tranche of $34 million with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). The technology can already be seen in action with McLaren’s Speedtail Hyper-GT and the BMW 530e iPerformance.

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Mitsubishi New Zealand Corporation MIT 199

Green Car Congress

APRIL 7, 2011

The BMW Brilliance plug-in hybrid concept. BMW Group and its Chinese joint venture partner Brilliance China Automotive Holdings Ltd. have presented a concept plug-in hybrid sedan based on the long wheelbase version of the BMW 5 Series Sedan. This also applies to field testing of the BMW ActiveE. Click to enlarge.

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Plug-in BMW China Plug 218

Green Car Congress

AUGUST 3, 2015

AUDI AG, the BMW Group and Daimler AG have agreed with Nokia Corporation that they will acquire its mapping and location services business HERE. Anticipation of green phases of stoplights could navigate vehicles through an urban area on a “green wave” with the appropriate engine performance and minimized fuel consumption.

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Audi BMW Automobile Manufacturer Connect 150

Green Car Congress

JULY 2, 2015

During a driving event at the Miramas proving grounds in southern France, BMW presented future drive technologies, including the prototype of a BMW 2 Series Active Tourer with plug-in hybrid drive. This application of BMW eDrive technologies features the first PHEV system with a front/transverse-mounted. Earlier post.).

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Water BMW Engine Fuel 150

Green Car Reports

JUNE 28, 2019

What may actually say more though, in the language of corporate nuance, is that few companies have gone so far as to solidly declare that the end is nigh for internal combustion engines. Many automakers now see electric vehicles as the long-range future of the passenger vehicle.

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International Engine BMW Volvo 112