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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. Top: Steel Dynamics; Center: US Steel; Bottom: HBIS Group.

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Geely and Renault Group to create global powertrain company for advanced hybrid and efficient ICE powertrains

Green Car Congress

Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. —Luca de Meo, CEO Renault Group.

Global 186
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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. Rendering of the Kotka CAM plant.

Companies 195
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BMW Group investing in lithium extraction company Lilac Solutions

Green Car Congress

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 Group has made sustainability and resource efficiency central to the company’s strategic direction.

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Volvo Group Venture Capital invests in EV charging software company Driivz

Green Car Congress

Volvo Group Venture Capital AB has invested in Driivz Ltd. , a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. —Erik Johansson, Investment Director, Volvo Group Venture Capital.

Volvo 243
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Aramco signs LOI with Geely and Renault Group for new powertrain company to focus on lower emission technologies

Green Car Congress

Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain technology company (PWT), to be established by Geely Holding Group, Geely Automobile Holdings Limited—collectively referred to as “Geely”—and Renault Group. —Mohammed Y.

Companies 170
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Daimler Trucks E-Mobility Group starts global initiative for electric-truck charging infrastructure

Green Car Congress

The E-Mobility Group of Daimler Trucks & Buses is launching a worldwide initiative to establish a charging infrastructure for battery-electric trucks. —Gesa Reimelt, Head of E-Mobility Group Daimler Trucks & Buses. Global electric truck portfolio at Daimler Trucks.

Global 414