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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. To make an effective contribution to climate protection, we aim to improve our products’ overall environmental balance—from resources to recycling.

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. High-efficiency battery systems will also be manufactured and assembled within the production network.

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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.

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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

billion for the Chinese production site of the BMW Brilliance Automotive Ltd. The BMW Group has also signed a long-term supply contract for its fifth-generation electric drive trains with its second battery cell supplier, Samsung SDI. billion (contract duration from 2020 to 2031), with €4.5 billion for the BMW Group and €2.8

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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

A production version of a 2021 concept the Model C crossover was also revealed. Taiwan’s Yulon Motors Co will start volume production of the Model C next year under the Luxgen n7 name. But Hon Hai says there are already plans in place for all three models to be built in Taiwan, Thailand and the USA. long hatch has 2.8m

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Foxconn about to start Electric Vehicles.

Electric Vehicles India

the group’s subsidiary currently has two units in Tamil Nadu, which currently manufacture phones for apple and Chinese brands such as Xiaomi among others. The company has already struck a deal with US-based startup Fisker, which is also an electric vehicle manufacturer, and Thailand’s energy group PTT PCL.

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Saudis Expand Price War Downstream

Green Car Congress

Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? It makes trade flows in products very different,” said Amrita Sen of Energy Aspects.