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BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia

Green Car Congress

Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. For the BMW Group’s purchasing experts, ethically responsible raw material extraction and processing begins at the mines themselves. Cobalt will be sourced directly from mines in Australia and Morocco in the future.

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Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%

Green Car Congress

Joint manufacturing projects with Alliance partner Renault in Morocco and India will be revised. In Morocco, Nissan will suspend its participation in the industrial project near Tangiers. The focus is on future investments in products, technology, support functions and purchasing cost reductions.

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