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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” +++

Image source: Getty Images Facedrive(TSXV:FD) stock keeps falling as fundamentals creep. We’ve witnessed a 78% dip from $59.95 on February 8 to $12.5 on July 16 — and you thought crypto is volatile. Cryptocurrencies like Bitcoin and Ethereum have some hope of becoming alternate currencies. But what will you call Facedrive, which moved from being a ridesharing service to a food delivery service?  The fundamental of Facedrive don’t add up  Facedrive’s first-quarter earnings gave a shocking figure. Its ridesharing revenue fell 72.5% year over year (YoY) to $79,054. ...

PIRELLI PRODUCES THE WORLD’S FIRST FSC-CERTIFIED TYRE THE PIRELLI P ZERO TYRE WILL EQUIP THE BMW X5 PLUG-IN-HYBRID USING CERTIFIED NATURAL RUBBER AND RAYON A0309540_A0254051_G05_PUMA721_Presse LR P-Zero_Detail_-Outside_web GettyImages-129277146lr P-Zero_front_lettering_BMW_Lr Milan, 19 May 2021 – Pirelli has become the first company in the world to produce a range of FSC-certified (Forest Stewardship Council) tyres designed for the BMW X5 xDrive45e Plug-in-Hybrid. These tyres contain FSC-certified natural rubber and rayon and represent a new horizon for increasingly sustainable tyre prod...

20 May 2021 P-Zero FSC for the BMW X5 xDrive45e Plug-in Hybrid. PHOTO Pirelli Pirelli will be the first company in the world to produce a range of FSC-certified (Forest Stewardship Council) tires designed for the BMW X5 xDrive45e Plug-in Hybrid. These tires contain FSC-certified natural rubber and rayon for increasingly sustainable tire production. The new tire will be produced exclusively at Pirelli’s factory in Rome, Georgia. FSC forest management certification confirms that plantations are managed in a way that preserves biological diversity and benefits the lives of local people and wor...

BMW Landshut producing fuel cell drive components for small-series BMW i Hydrogen NEXT in 2022 The BMW Group will pilot a small series of the BMW i Hydrogen NEXT fuel cell vehicle from 2022, based on the current BMW X5 and equipped with a hydrogen fuel cell e-drive. The BMW Group is building on its experience with fifth-generation e-drives to develop this vehicle. The Lightweight Construction and Technology Centre (LuTZ) in Landshut plays a key part in this by producing essential components for the hydrogen-electric drive train and supplying them for installation of the fuel cell system in Mu...