article thumbnail

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. Steel is one of the main sources of CO 2 emissions in our supply chain.

BMW 444
article thumbnail

BMW Group begins production of small-series hydrogen-powered iX5

Green Car Congress

The BMW Group is commencing production of its BMW iX5 Hydrogen model. Fuel cells don’t require any critical raw materials such as cobalt, lithium or nickel either, so by investing in this type of drive system we are also strengthening the geopolitical resilience of the BMW Group.

BMW 542
article thumbnail

RWE and Westfalen Group forming JV to supply green hydrogen for vehicles; focus on heavy-duty; up to 70 stations

Green Car Congress

In Germany, RWE and the Westfalen Group will work together to supply green hydrogen for hydrogen-powered vehicles. The collaborative arrangement with the Westfalen Group is therefore ground-breaking. Up to 70 hydrogen fuel stations will be in place by 2030, depending on how the market develops.

Hydrogen 545
article thumbnail

BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. The “Sixth-Generation Battery Project” will play a key role in production of vehicles for the NEUE KLASSE and create around 2,000 new jobs in the region.

BMW 457
article thumbnail

BMW Group launches battery component production in Leipzig and Regensburg

Green Car Congress

The BMW Group is launching production of battery components at its plants in Leipzig and Regensburg and expanding its e-drive production network. It has been less than a year since the decision was made to expand production capacity for e-drives in Germany.

BMW 418
article thumbnail

Renault Group and Managem Group sign agreement for sustainable supply of Moroccan cobalt

Green Car Congress

Renault Group and Managem Group , a Moroccan player in the mining and hydrometallurgy sector, signed a memorandum of understanding (MoU) aimed at securing the supply of low-carbon and responsible cobalt sulfate for electric batteries. billion from 2025 and a target of €3 billion.

Supplies 225
article thumbnail

Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

Georgia 320