BMW North America and Redwood Materials* announced today a partnership to recycle lithium-ion batteries from electric, plug-in hybrid, and mild hybrid BMW, MINI, Rolls-Royce, and BMW Motorrad in the U.S. The partnership is said to demonstrate a shared commitment to sustainability as the next step towards creating a closed-loop circular value chain for lithium-ion batteries in the U.S.
“Together with Redwood Materials, BMW is laying the groundwork for the creation of a fully circular battery supply chain in the U.S.,” said Denise Melville, Head of Sustainability, BMW of North America. “We have said before that the future of BMW was electric, digital, and circular, and this agreement brings us a step closer to meeting that goal.” Continue reading











August 2024 EU Car Registrations Plummet
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During August 2024, new EU car registrations saw a sharp decrease (-18.3%) with negative results across the region’s four major markets: double-digit losses were witnessed in Germany (-27.8% at 197,322), France (-24.3% at 85,977), and Italy (-13.4% at 69,161), with the Spanish market declining by 6.5% at 52,322, the ACEA* trade group said today.
Year-to-Date new car registrations increased by 1.4%, at ~7.2 million units. Spain (+4.5% at 671,551) and Italy (+3.8% at 69,161) showed positive but modest performance. French and German markets stagnated (-0.5% at 1,126,900 and -0.3% at 1,907,226 respectively). Continue reading →