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BMW introduces electric 3 Series for Chinese market

Green Car Congress

The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. Fine tuning of the BMW i3 eDrive35L’s suspension systems to Chinese road conditions has been carried out by the BMW Brilliance Automotive Ltd.

Chinese 434
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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

Green Car Congress

The Volkswagen Group and Ganfeng Lithium Co., Under the agreement, Ganfeng will supply lithium to the Volkswagen Group and its suppliers for the next ten years. Over the next ten years the Volkswagen Group will be launching 70-plus new pure electric vehicles. The global lithium demand is expected to more than double by 2023.

Chinese 268
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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 Emden is now the second site for electric vehicles in Germany following Zwickau and also joins the Chinese plants in Anting and Foshan. The global production network will then grow to five locations.

Global 435
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Finnish Minerals Group and Beijing Easpring to form JV company to advance €774M CAM plant project

Green Car Congress

In November 2021, Finnish Minerals Group announced that it was negotiating with China-based Beijing Easpring Material Technology on the possibility to establish a cathode active materials (CAM) plant in Kotka, Finland. Finnish Materials Group owns 40% of that joint venture. It is actively promoting global expansion.

Companies 195
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Deutsche Post DHL Group sells StreetScooter production rights to international consortium ODIN Automotive S.à.r.l.

Green Car Congress

Deutsche Post DHL Group is selling the rights and know-how for the production of its StreetScooter electric vehicles to the international consortium ODIN Automotive S.à.r.l. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN.

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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

Green Car Congress

Hyundai Motor Group signed an investment contract with the government of Guangdong Province to establish an offshore fuel cell system production facility in Guangzhou, China. The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry.

Hyundai 277
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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

VW Group stays on the top of the list with a US$100.5-billion Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. and is an innovation leader with the highest number of patents filed amongst other global automakers. billion investment through 2030. Toyota announced US$70.4

Global 370