BMW and Singaporean Company Team Up for Closed-Loop Battery Recycling
BMW Group has entered into a battery recycling partnership with Singapore-based SK tes to recover critical raw materials such as cobalt, nickel, and lithium from used batteries. The collaboration, launched in Europe, aims to integrate recycled materials into BMW’s...
ADB and Ayala Partner to Expand Electric Vehicle Infrastructure in the Philippines
The Asian Development Bank (ADB) has signed a financing agreement of up to USD 100 million with Ayala Corporation to accelerate the development of an electric mobility ecosystem in the Philippines. The funding will support the procurement and installation of electric...
BMW Drives Sustainability with EV Battery Recycling and Second-Life Initiatives in Malaysia
BMW Group Malaysia is taking a proactive approach to electric vehicle (EV) adoption by focusing on the entire lifecycle of PHEV and EV batteries. The company is exploring recycling and second-life programs for these batteries as part of its circularity philosophy. Its...