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BMW Group sources sustainable cobalt worth around €100M from Morocco for fifth-gen batteries

Green Car Congress

The cobalt market has four types of cobalt produced: cut cathode; broken cathode; briquettes and powder; ingot and round, according to Sam Wang, trading and product manager for Manatrade AG, the marketing and trading arm of Managem Group.). We are systematically driving electrification of our vehicle fleet.

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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 will source the cobalt needed as a key raw material for cell production directly from mines in Australia and Morocco and make it available to CATL and Samsung SDI. billion (contract duration from 2020 to 2031), with €4.5

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

The majority of new power-generating capacity added in developing nations in 2018 came from wind and solar; however, the majority of power to be produced from the overall fleet of power plants added in 2018 will come from fossil sources and emit CO 2. —Luiza Demôro, project manager for BloombergNEF.

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

We will work together to overcome strategic, political, and technical barriers, accelerate the production of zero emission vehicles and increase economies of scale, to make the transition faster, lower cost, and easier for everyone. —COP 26 Declaration. Unilever; Vattenfall; Zenith; Zurich.