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

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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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BMW Group secures CO2-reduced steel for global production network

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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.

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

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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.

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

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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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BMW Group uses Blockchain to drive supply chain transparency: “PartChain”

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The BMW Group is using Blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. The automotive industry’s international supply chains are highly complex. BMW Group co-founded Mobility Open Blockchain Initiative ( MOBI ) in 2018.

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Graphex Technologies in MOU with Reforme Group to develop graphite manufacturing facilities in Australia; mine-to-battery graphite supply

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This scaled production and global expansion comes amidst a recent push from the US Government to stabilize US EV and battery manufacturing supply chains. An initial focus of the JV will be an already identified graphite opportunity in Australia where critical mineral mining and processing momentum is accelerating quickly.

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Industrial groups urge Biden to prioritize actions to address electrical steel supply chain crisis

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A group of industrial stakeholders, including the Alliance for Automotive Innovation, have sent President Biden a letter urging “your administration to make it clear that electrical steel is critical to the national and economic security of the United States and to prioritize actions that will create a sustainable supply.”

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