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

BMW 444
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Volkswagen Group and Canada aim to advance sustainable battery supply chain in North America

Green Car Congress

Volkswagen Group (Volkswagen AG) and the Government of Canada signed a Memorandum of Understanding (MoU) to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. A key focus of cooperation is the supply of critical raw materials such as lithium, nickel and cobalt.

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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

Green Car Congress

The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

Supplies 243
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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

Green Car Congress

Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. Under the MOU, both parties will cooperate to provide SK On batteries to the Group’s plants in the US after 2025 for the EV production. million full electric vehicles annually by 2030.

Hyundai 199
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Geely and Renault Group to create global powertrain company for advanced hybrid and efficient ICE powertrains

Green Car Congress

Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. —Luca de Meo, CEO Renault Group.

Global 186
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Daimler Trucks E-Mobility Group starts global initiative for electric-truck charging infrastructure

Green Car Congress

The E-Mobility Group of Daimler Trucks & Buses is launching a worldwide initiative to establish a charging infrastructure for battery-electric trucks. In addition, the participants are also concerned with aspects such as optimized load management of the electricity grid and sustainable electricity supply.

Global 414
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Volkswagen Group delivers 42% more all-electric vehicles in the first quarter

Green Car Congress

Volkswagen Group deliveries of all-electric vehicles (BEVs) rose by 42% in Q1 2023 compared to the prior-year period, which was hit harder by supply chain issues. China was the Group’s second-largest BEV market with deliveries of 21,500 vehicles (global share: 15%). BEVs made up 6.9% 5 41,900 Volkswagen ID.3