BMW Group Announces $1.7 Billion (USD) Investment to Build Electric Vehicles in the U.S. and Signs Agreement with Envision AESC for the Supply of Battery Cells to Plant Spartanburg

Wed Oct 19 17:00:00 CEST 2022Press Release

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+++ $1 Billion New Investment in Plant Spartanburg (USA) to Prepare for the Production of Battery Electric Vehicles. At Least Six Fully-Electric BMW X-Models by 2030 produced in the U.S. +++ Additional $700 Million Investment to Build a New High-Voltage Battery Assembly Facility in South Carolina +++ Envision AESC to Build New Battery Cell Plant in South Carolina to Supply New Round Lithium-Ion Cells for Electric Vehicle Production in the U.S.+++

Neue Klasse
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Battery cell factory
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High-voltage battery
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Lithium
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Cobalt
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certification
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Battery Cells
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Environment
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Technology
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Corporate Finance, Facts, Figures
 
 

More performance, CO2-reduced production, significantly lower costs: BMW Group to use innovative round BMW battery cells in NEUE KLASSE from 2025

Fri Sep 09 09:00:00 CEST 2022Press Release

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+++ Newly-developed BMW round cells optimised for NEUE KLASSE architecture +++ Costs for whole high-voltage battery up to 50% lower than for current generation +++ CO2-reduced production – through green power and secondary material +++ Development head Weber: “Huge leap in technology for energy density, charging speed and range” +++ Purchasing head Post: “We will be building battery cell factories with our partners, each with an annual capacity of up to 20 ...

High-voltage battery
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Neue Klasse
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Gigafactory
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Battery cell factory
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Secondary Material
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Green Power
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Lithium
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Cobalt
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Circular Economy
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Battery Cells
 
 

100-percent green power: BMW Group to use sustainably produced aluminium wheels from 2024

Fri Apr 08 09:00:00 CEST 2022Press Release

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+++ Transition to green power for aluminium electrolysis and wheel production +++ CO2 savings of up to 500,000 tonnes per year +++ Pioneering achievement: First MINI model with aluminium wheels made out of 70-percent secondary raw material from 2023 +++

Purchasing
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supplier network
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Green Power
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Aluminium Stewardship Initiative (ASI)
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Aluminium
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Wheels
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Secondary Material
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Supply Chain
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CO2 Emissions
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Environment
 
 

BMW Group significantly increases use of low-carbon steel in series production at European plants

Tue Feb 01 09:00:00 CET 2022Press Release

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+++ BMW Group expands sourcing of low-carbon steel: Agreement with Salzgitter AG provides for delivery of low-carbon steel from 2026 +++ Salzgitter AG and H2 Green Steel will meet more than 40% of steel demand for standard production at BMW Group’s EU plants, saving around 400,000 tonnes of CO2 per year +++ Steel remnants from plants will be reused in circular economy +++ Post: “Another important step in reducing CO2 emissions in the supplier network” +++

Low-Carbon
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Steel
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Green Power
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closed-loop material cycle
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Secondary Material
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Startup
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Hydrogen
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Production Plants
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Production, Recycling
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Circular Economy
 
 

The BMW Group and Pirelli together with Birdlife International initiate project to contribute to safeguarding Indonesia’s natural ecosystem

Fri Oct 29 07:33:43 CEST 2021Press Release

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The project encourages the production of natural rubber to protect biodiversity and local communities in the forest of Hutan Harapan

G05
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Pirelli
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ecosystem
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Indonesia
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rainforest
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Birdlife International
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natural rubber
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Hutan Harapan
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biodiversity
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deforestation-free
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GPSNR
 
 

Harnessing wind and hydroelectric power from the Arctic Circle: BMW Group plans to source steel produced with green power and hydrogen from northern Sweden

Wed Oct 20 09:00:00 CEST 2021Press Release

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+++ Agreement with Swedish startup H2 Green Steel: first deliveries for Neue Klasse from 2025 +++ Up to 95% reduction in CO2 emissions compared to conventional methods +++ Delivery to BMW Group plants in Europe +++ Circular economy: Sheet metal remnants from BMW Group plants will be recycled and reused +++ Wendt: “Vital contribution to our goal of reducing CO2 emissions in our steel supply chain by about two million tonnes by 2030” +++

H2 Green Steel
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Steel
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Green Power
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supplier network
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Neue Klasse
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closed-loop material cycle
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Secondary Material
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Raw Materials
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Responsible Steel
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Supply Chain
 
 

BMW Group invests in innovative method for efficient and sustainable lithium extraction

Wed Oct 06 15:00:00 CEST 2021Press Release

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New process from Lilac Solutions focuses on sustainable extraction, efficiency and costs

Lithium
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Raw Materials
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Natural Resources
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BMW i Ventures
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Startup
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Environment
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Corporate Finance, Facts, Figures
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Technology
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Corporate
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Sustainability
 
 

BMW Group accelerates CO2 reduction and focuses consistently on a circular economy with the Neue Klasse

Thu Sep 02 10:00:00 CEST 2021Press Release

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The BMW Group is increasing the pace of its efforts to combat climate change. Looking ahead to the introduction of the Neue Klasse, the company is further strengthening its self-defined objectives, announced in summer last year, to significantly reduce CO2 emissions, whilst also committing itself to a clear course that supports the 1.5 degree target for the limitation of global warming.

Corporate Events
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Environment
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Production, Recycling
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Alternative Drive Systems, Mobility of the Future
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Sustainability
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Electrification
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Corporate Finance, Facts, Figures
 
 

Revolution, not evolution: BMW Group to reduce carbon footprint significantly by 2030 using innovative materials.

Thu Sep 02 10:00:00 CEST 2021Press Release

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+++ Measures to achieve 1.5-degree goal: BMW Group backs sustainable, innovative materials and circular economy +++ Higher recycling rates and material substitutions for faster reduction of lifecycle CO2 emissions by 2030 +++ Innovative materials research and collaborations key factors in combating climate change

Environment
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Sustainability

Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30th June 2021

Wed Aug 04 07:44:37 CEST 2021Speech

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Statement Zipse Conference Call Q2 2021

Connected Car
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Environment
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Technology
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Corporate Finance, Facts, Figures
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BMW ConnectedDrive
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Corporate
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Sustainability
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Alternative Drive Systems, Mobility of the Future
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Board Member Speeches
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Corporate Events
 
 

BMW Welt hosts One Young World Summit

Wed Jul 28 07:00:42 CEST 2021Press Release

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+++ More than 2,000 young professionals from over 190 countries +++ High-profile guests from business, politics, society, sport and culture +++ Participants aim to take joint responsibility and find solutions

Environment
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Corporate
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Society
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Sustainability
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Human Resources
 
 

Series production of BMW iX* gets underway at Plant Dingolfing

Mon Jul 05 19:25:08 CEST 2021Press Release

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Highest standards of flexibility: All drive train variants on one line +++ Successful transformation of BMW Group plants towards e-mobility and digitalisation +++ Half of Dingolfing's production volume will be electrified by mid-decade +++ Nedeljković: “setting ourselves ambitious goals for the most sustainable production”

i20
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Environment
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iX
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Technology
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BMW i
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Corporate
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Plants, Facilities
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Production Plants
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Sustainability
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Production, Recycling
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Dingolfing
 
 

BMW Group creates closed-loop material cycle for tungsten production tools to protect valuable resources

Thu Jun 17 09:00:00 CEST 2021Press Release

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+++ Recycling tools at plants in Germany and Austria saves seven tonnes of tungsten per year +++ Lowers energy consumption by 70% and CO2 emissions by more than 60% compared to primary tungsten +++ Wendt: “We will significantly increase the percentage of recycled raw materials by 2030 and use raw materials multiple times in a circular economy” +++

Tungsten
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closed-loop material cycle
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Raw Materials
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Responsible Minerals Initiative RMI
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3TG
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Recycling
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Environment
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Technology
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Technology
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Corporate
 
 

Sustainable tyres for BMW X5 Plug-in Hybrid: BMW Group becomes first automotive manufacturer to use new Pirelli tyres containing FSC-certified natural rubber and rayon

Wed May 19 09:00:00 CEST 2021Press Release

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+++ 22-inch tyres using certified sustainable natural rubber and rayon, a wood-based material used to strengthen the tyres +++ Plantations certified to standards of independent Forest Stewardship Council TM (FSC TM) organisation +++ Wendt: “We are helping preserve biodiversity and forests to counteract climate change” +++

Environment
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Technology
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Society
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Corporate
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Driving Experience
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Plants, Facilities
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Production Plants
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X5 xDrive45e
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Sustainability
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Alternative Drive Systems, Mobility of the Future
 
 

Over 200 million tonnes: BMW Group sets ambitious goal to reduce CO2 emissions by 2030

Wed May 12 11:02:26 CEST 2021Press Release

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The BMW Group is underpinning its mission for sustainable mobility with ambitious goals for the reduction of greenhouse gases: At today’s Annual General Meeting, the company announced that it will avoid emission of over 200 million tonnes of CO2 by 2030. This is equivalent to more than 20 times the annual CO2 emissions of a city with over a million inhabitants, like Munich.

Environment
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Technology
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Corporate Finance, Facts, Figures
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Society
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Corporate
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Sustainability
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Alternative Drive Systems, Mobility of the Future
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Corporate Events
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Electrification
 
 

BMW Group protects the deep seas

Wed Mar 31 06:00:00 CEST 2021Press Release

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BMW Group strives for most sustainable supply chain +++ Exclusion of minerals from deep-sea mining from BMW Group supply chain as a precautionary measure +++ Vision of circular economy for resource management

deep-sea mining
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WWF
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Secondary Material
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closed-loop material cycle
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Environment
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Corporate
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Sustainability
 
 

Powered by water: BMW Group manufactures electric cars with regional green electricity

Tue Mar 02 11:00:00 CET 2021Press Release

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BMW iX* and BMW i4 production powered by hydroelectricity from Rivers Isar and Lech +++ Electricity for BMW Group production is 100% green +++ Direct supply contracts boost eco-credentials +++

i20
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G26
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Environment
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iX
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Technology
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Corporate
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Plants, Facilities
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Production Plants
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BMW i Automobiles
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Sustainability
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Production, Recycling
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i4
 
 

Harnessing the power of the desert sun: BMW Group sources aluminium produced using solar energy

Tue Feb 02 06:00:00 CET 2021Press Release

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Aluminium produced using solar energy will meet almost half the annual requirements of the light metal foundry at Plant Landshut +++ Triple-digit million-euro contract with Emirates Global Aluminium to supply 43,000 tonnes of aluminium in 2021 +++ BMW Group also plans to source aluminium produced with green power long-term, with CO2 savings of around 2.5 million tonnes by 2030 +++ Wendt: “Will reduce CO2 emissions in the supplier network by 20% by 2030” ++

Aluminium
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Green Power
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supplier network
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Light Metal Foundry
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Aluminium Stewardship Initiative (ASI)
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Natural Resources
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Environment
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Corporate Finance, Facts, Figures
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Technology
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Corporate
 
 

BMW Group Purchasing steps up sustainability activities and paves the way for future e-mobility growth

Thu Dec 10 10:00:00 CET 2020Press Release

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+++ High level of supply chain flexibility speeds up transformation towards e-mobility +++ Extensive measures to ensure compliance with environmental and social standards and secure access to many critical raw materials +++ Sustainability measures in supply chain delivering results: CO2 emissions reduced by 17% in BMW iX +++ Wendt: “Sustainability is an integral part of all purchasing activities” +++

i20
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Cobalt for Development
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Raw Materials
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environmental and social standards
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human rights
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Natural Resources
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BMW iX
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Cobalt
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Supply Chain
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Environment
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iX
 
 

From raw material to recycling: BMW Group develops sustainable material cycle for battery cells

Mon Aug 03 16:01:20 CEST 2020Press Release

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+++ Development of innovative and recyclable battery cells +++ Near-standard production of battery cell prototypes at new pilot plant +++ Commissioning planned for late 2022 +++

Recycling
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Circular Economy
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Environment
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Corporate
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Board Member Speeches
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Plants, Facilities
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Production Plants
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Technology
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Sustainability
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Society