news aktuell GmbH

BMW Group secures CO2-reduced steel for global production network

Dela

Lower CO2 emissions for over one third of global steel purchasing

Munich. The BMW Group is systematically pursuing its climate goals for the supplier network and significantly reducing the carbon footprint of its steel sourcing. Following initial contracts with European suppliers, the BMW Group has now concluded further agreements for the supply of CO2-reduced steel in the US and China.

“Steel is one of the main sources of CO2 emissions in our supply chain. That is why we are comprehensively reorganising our steel portfolio – so we can supply our global production network with over one third of CO2-reduced steel from 2026. This will reduce the carbon footprint of our supply chain by 900,000 tonnes per year, while at the same time driving the transformation of the steel industry,” said Joachim Post, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

In the medium term, the BMW Group will increase CO2 savings through agreements with additional steel suppliers and thus consistently drive forward the decarbonization of its supplier network. Around 20 percent of supply chain CO2 emissions for a mid-sized fully-electric vehicle are attributable to steel – which comes in third, after battery cells and aluminium. With its versatile properties, steel is nevertheless one of the key materials for automotive manufacturing and will be no less important for future vehicle concepts and generations.

Focus on renewable energies in the US and Mexico

For the Americas region, agreements have already been reached with domestic steel producers Steel Dynamics (SDI) and Big River Steel, a U. S. Steel facility, to use renewable energy sources in their local steel production.

In the US and Mexico, about half of the BMW Group’s flat steel requirements are supplied by the electric arc furnace (EAF) steelmaking process, which relies on electrical energy to melt down iron and steel scrap. This manufacturing process has significant potential for CO2 savings, compared to coal-based steel production in a blast furnace. The CO2-reduced steel is then used at BMW Group Plants Spartanburg and San Luis Potosí to create car bodies for BMW vehicles. Due to its material properties, steel from electric arc furnaces is particularly suitable for use in structural components such as the underbody.

Use of innovative technologies in China

In China, the BMW Group already signed an agreement in August with steel manufacturer HBIS Group, which will supply the BMW Group plants in Shenyang with CO2-reduced steel from 2023. The HBIS Group is gradually transitioning to a hydrogen-based method in combination with electric arc furnace steelmaking to enable further CO2 savings from 2026. The BMW Group will be the first automotive manufacturer in China to use CO2-reduced steel from the HBIS Group in series production.

CO2-reduced steel in Europe

The BMW Group has signed an agreement with Salzgitter AG for delivery of lower-CO2 steel. The plan is to use the steel in series production of cars at the BMW Group’s European plants from 2026 onwards. The BMW Group already signed an agreement with Swedish startup H2 Green Steel in October of last year. The company will supply the BMW Group’s European plants with steel produced exclusively using hydrogen and electricity from renewable energies.

BMW Group Corporate Communications

Benedikt Fischer,

Communications Purchasing, Supplier Network, Sustainability

Email: Benedikt.Fischer@bmwgroup.com, Tel: +49-89-382-66887

Sandra Schillmöller,

Communications Purchasing, Supplier Network, Sustainability

Email: Sandra.Schillmoeller@bmwgroup.com,Tel: +49-89-382-12225

Media website: www.press.bmwgroup.com

Email: presse@bmwgroup.com

Bilder

Om

news aktuell GmbH
news aktuell GmbH
Mittelweg 144
20148 Hamburg

+49 (0)40 4113-32589http://www.newsaktuell.de

As wholly owned subsidiary of dpa, news aktuell provides business and organizations with effective access to media and consumers. Via the smart tools ots and zimpel, PR content accesses all media formats, including classical print, high click-rate online portals and social networks. In addition, news aktuell publishes all its customers’ PR content on www.presseportal.de, one of the PR portals with the greatest reach in Germany. By this means, all the relevant multipliers are reached globally, from editors, via digital influencers right up to specialist bloggers and interested consumers. news aktuell has been on the market since 1989. The company, with a staff complement of more than 135, has its headquarters in Hamburg. Other offices are in Berlin, Dusseldorf, Frankfurt und Munich.

Följ news aktuell GmbH

Abonnera på våra pressmeddelanden. Endast mejladress behövs och den används bara här. Du kan avanmäla dig när som helst.

Senaste pressmeddelandena från news aktuell GmbH

VACUUMSCHMELZE (VAC) Announces Binding Supply Agreement with General Motors (GM) to Support EV Growth30.1.2023 10:51:28 CET | Pressmeddelande

HANAU – VAC announced a binding long-term supply agreement with GM for North America permanent magnet production – another major step forward to create a strong, sustainable and scalable supply chain for electric vehicles. As part of the agreement, VAC will build a facility in North America to manufacture permanent magnets for electric motors used in a broad portfolio of EVs. The new facility will use locally sourced raw materials. The binding agreement finalizes a Memorandum of Understanding VAC and GM announced in December 2021.

WEF 2023: ProjectTogether receives the Schwab Foundation Collective Social Innovation Award recognizing the power of collaborative action19.1.2023 07:51:54 CET | Pressmeddelande

Davos, January 18, 2023. The non-profit organization ProjectTogether received the Schwab Foundation’s Collective Social Innovation Award 2023 at the World Economic Forum (WEF) in Davos. As the first award winner in this category, the Schwab Foundation recognizes ProjectTogether for its new approach to orchestrate collaborative action between bottom-up innovators and top-down institutions to create impact. At the award ceremony, founder Philipp von der Wippel explained the vision of a pan-European approach to collective action—across all sectors and political levels—to tackle ongoing and looming societal challenges.

I vårt pressrum kan du läsa de senaste pressmeddelandena, få tillgång till pressmaterial och hitta kontaktinformation.

Besök vårt pressrum