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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 With the new announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59

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Nornickel presents market review of nickel and platinum group metals

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Platinum Group Metals (PGM). Mt to 3.22

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Avass Group to manufacture EVs, lithium batteries in Saudi Arabia

Green Car Congress

Australia-based Avass Group recently signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters Avass Group’s plans to mass manufacture full electric buses and lithium batteries in Saudi. Allen Saylav, Group Chief Executive Officer at Avass.

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BMW Group 1st automotive manufacturer to use new Pirelli tires containing FSC-certified natural rubber and rayon

Green Car Congress

The BMW Group is stepping up its activities in the field of sustainability, becoming the first automotive manufacturer worldwide to equip its cars with tires using certified sustainable natural rubber and rayon, a wood-based material used to strengthen the tires.

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Eaton changes the name of its Vehicle Group and eMobility businesses to the Mobility Group; serving mixed ICE, electrified market

Green Car Congress

Eaton has renamed its Vehicle Group and eMobility businesses to the Mobility Group. The Mobility Group represents the company’s focus on providing solutions across the propulsion spectrum and meeting the evolving needs of its customers from internal combustion to electrified or a combination of both.

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Liacon introduces new 12V Group 31 LFP battery with a 4000+ cycle life

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Germany-based Liacon, one of Europe’s largest battery manufacturers, has released a new, more versatile lithium-iron-phosphate (LFP) battery that can replace all Group 31 lead-acid units. Group 31 batteries are one of the highest selling in the market. Meek, CEO of Liacon The new Group 31 LFP 12.8V —Philip M.

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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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