BMW bets on design and recycling, not mining, to lower battery costs

Mining News Pro - BMW is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, its finance chief said on Friday, setting it apart from some competitors digging deep into the supply chain.

BMW invests in low carbon copper firm Jetti

Mining News Pro - BMW, which is aiming for at least half of its vehicles to be all-electric by 2030, did not disclose the size of the investment in privately held Jetti taken by its venture capital fund BMW i Ventures.

BMW-backed Northvolt advances on $12 billion battery IPO plan

Mining News Pro - Sweden’s Northvolt AB, whose customers include BMW AG and Volkswagen AG, is planning to go public within the next two years as battery demand for electric vehicles booms.

BMW orders up $24bn worth of batteries as EV demand grows

Mining News Pro - BMW has boosted orders for batteries cells to keep pace with accelerating demand for electric cars that made up for more than 11% of deliveries during the half of the year.

BMW, Volvo, Google and Samsung call for ban on deep-sea mining

Mining News Pro - BMW, Volvo, Google and Korean battery maker Samsung SDI, have vowed not buy metals produced from deep-sea mining until the environmental risks of the activity are “comprehensively understood.”

BMW avoids the Congo conundrum

Mining News Pro - German luxury vehicle maker BMW this week signed a $2.3 billion long-term deal with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete with Tesla in the burgeoning electric vehicle market.

BMW joins race to secure cobalt for EV batteries

Mining News Agency -With one eye on accelerating demand for electric vehicles, BMW AG said it’s talking to suppliers of cobalt and other battery materials amid fears that stocks will run short and push already inflated prices higher.

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