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Kumi launches CAHRA Map to support companies’ due diligence in minerals and metals supply chains

Green Car Congress

London-based sustainability consultancy Kumi, a market leader in responsible sourcing practices for global supply chains, has launched a due diligence tool called CAHRA Map to enable companies in the minerals and metals sector to identify “conflict-affected and high-risk areas” (CAHRAs). Earlier post.).

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Octillion Power Systems enters US bus market to supply batteries for motorcoaches, city buses

Green Car Congress

Octillion Power Systems, a global provider of advanced lithium-ion batteries, is providing battery packs for all-electric motorcoaches and city transit buses offered by ABC Companies and Lightning eMotors. The order marks the company’s first time supplying batteries for motorcoaches and buses in North America.

Supplies 418
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BMW i Ventures co-leads investment in circular supply chain company Cyclic Materials; recycling rare earth elements

Green Car Congress

BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

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Magna to supply battery enclosures for Silverado EV

Green Car Congress

Magna has secured new business from General Motors (GM) to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. The company will produce the enclosures at its Magna Electric Vehicle Structures facility in St. Clair to support the fast-growing electric vehicle market ( earlier post ).

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Toyota to supply fuel cell modules to European truck company Hyliko

Green Car Congress

The partnership with Hyliko also marks another step towards TME’s vision for hydrogen ecosystems in Europe, stimulating both supply and demand to expand into viable business models. Earlier post.)

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LG Energy Solution secures lithium supply for the North American market

Teslarati

LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American market. According to the agreement , WesCEF will supply the South Korean battery supplier with up to 85,000 tons of lithium concentrate. The South Korean company is a longtime Tesla supplier.

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Samsung SDI, Hyundai Motor Company Clinch First Supply Deal for EV Batteries

Electric Cars Report

Samsung SDI announced the company has clinched a supply deal for electric vehicle batteries with Hyundai Motor Company for the first time. Samsung SDI said the company will supply prismatic batteries for Hyundai Motor’s electric vehicles targeting the European market for seven years from 2026 through 2032.

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