Solid Power, an industry-leading producer of all solid-state batteries for electric vehicles, today announced a $130 million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies.
The BMW Group will be accelerating its expansion of e-mobility in the coming years. This will also increase the need for lithium, an important raw material for production of battery cells.
The BMW Group is systematically implementing its sustainability goals. As announced today, the company is investing in an innovative method for CO2-free steel production developed by American startup Boston Metal, through its venture capital fund, BMW i Ventures.
Officials of BMW Manufacturing, along with South Carolina Secretary of Commerce Bobby Hitt, broke ground today for a new $20 million, 67,000 square-foot training center on the BMW campus. The investment is a continuation of BMW’s 2017 commitment to invest $200 million over five years into workforce training.
BMW of North America announced today a new vehicle distribution center (VDC) will be built at the Tradepoint Atlantic Terminal in Baltimore, MD to meet growing demand for BMW and MINI vehicles in the region.
For the seventh consecutive year, BMW Manufacturing led the nation in automotive exports by value, according to data released by the U.S. Department of Commerce. BMW Manufacturing exported 218,820 Sports Activity Vehicles and Coupes during 2020 with an export value of more than $8.9 billion.
The BMW Group is speeding up the shift towards electromobility and strengthening its global network for production of electrified vehicles.
BMW Manufacturing achieved another milestone on June 4 with production of the five millionth BMW built in the United States.
BMW Manufacturing led the nation in automotive exports by value for the sixth consecutive year, according to data released by the U.S. Department of Commerce.
During its 25th year of production, BMW Manufacturing set a new production record with a total of 411,620 X models produced in 2019, topping the previous record by 449 units (411,171 in 2016).
BMW Group Plant Spartanburg has more than doubled its capacity for battery assembly prior to the debuts of the plug-in hybrid electric variants of two of its most popular models.
The Chairman of the Supervisory Board has complete respect and understanding for his decision. Krüger: “I would like to pursue new professional endeavours”
