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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

Ford Motor Company and Volkswagen AG are expanding their global alliance to include electric vehicles—and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years.

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Nuseed, bp partner to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

Green Car Congress

Nuseed and BP Products North America Inc., have entered into a long-term strategic offtake and market development agreement that will see bp, or its affiliates, purchase Nuseed Carinata oil to process or sell into growing markets for the production of sustainable biofuels. million barrels a year in 2022. million barrels a year in 2022.

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GM signs major Li-ion supply chain agreements: CAM with LG Chem and lithium hydroxide with Livent

Green Car Congress

—Jeff Morrison, GM vice president, Global Purchasing and Supply Chain. Livent will supply GM with battery-grade lithium hydroxide made primarily from lithium extracted at Livent’s brine-based operations in South America.

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

The individual configuration will no longer be set through the hardware when the vehicle is purchased. In South America and the United States, Volkswagen is striving to break even in the current fiscal year. Future vehicle generations will be produced with a much small number of versions. Faster expansion of e-mobility.

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BMW Group to source lithium from Livent

Green Car Congress

—Dr Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group and BASF commissioned a scientific analysis of the water use of different lithium mining methods in South America from the University of Alaska Anchorage and University of Massachusetts Amherst in late 2020.

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Elon Musk discusses potential Tesla investment with Magnolia’s PM

Teslarati

Global think tank ODI held a roundtable earlier this year that discussed Magnolia’s New Recovery Policy and where the country currently stands in the economic supply chain. LTD purchased Ltd URT lithium mine project in Mongolia for $20 million. In February 2023, China Mining Resources Group Co.,