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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

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BMW Group begins production of small-series hydrogen-powered iX5

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The BMW Group is commencing production of its BMW iX5 Hydrogen model. Manufacture of the small-series hydrogen-powered vehicle is taking place in the pilot plant at its Munich Research and Innovation Centre (FIZ). —Frank Weber, Member of the Board of Management of BMW AG responsible for Development.

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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 secures CO2-reduced steel for global production network

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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.

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BMW deploying iX5 Hydrogen pilot fleet

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After four years of development work, the BMW iX5 Hydrogen vehicle and its development project are entering its next phase as the first vehicles enter a pilot fleet of less than 100 vehicles. The BMW iX5 Hydrogen developed on the basis of the current BMW X5 was first unveiled as a concept at the IAA show in 2019.

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BMW Group and Solid Power deepen joint development partnership with R&D license and prototype line

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Under an expanded Joint Development Agreement, BMW Group and Solid Power have added a research and development license as a basis for their common next steps. This license enables BMW to establish an all solid-state battery (ASSB) prototype line in its Cell Manufacturing Competence Center (CMCC) in Parsdorf near Munich.

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

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BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability. The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. —Marcus Behrendt, managing partner, BMW i Ventures.