- BUSINESS EXPANSION – Commended
- ENVIRONMENTAL – Commended
- INVESTMENTS – Commended
Just Auto Excellence Awards and Rankings 2022 – The Verdict
BMW is a German headquartered automotive corporation that is ranked for BUSINESS EXPANSION, ENVIRONMENTAL and INVESTMENTS in the 2022 Just Auto Excellence Rankings.
The company has been active in expanding its operations with signing of a ‘comprehensive capacity agreement’ for GaN Systems ’ automotive-grade GaN power transistors, which it says can increase the efficiency and power density of critical applications in electric vehicles.
“Other initiatives included the signing of a supply deal for delivery of low carbon steel”
In the environmental area the company and its subsidiaries announced an expanded collaboration to include Bar 20 Dairy, a farm based in Kerman, California, as the automaker works with dairy farms on renewable energy in order to expand cow methane fuelled electricity generation.
Other initiatives included the signing of a supply deal for delivery of low carbon steel which will be used to produce cars at the European plants from 2026 onwards.
Along with this the company and its investment arm BMW i Ventures have invested heavily in EV battery and charger production and startup companies as well as a lithium producer to boost lithium-based battery production.
The company set the course for the future at an early stage and consistently makes sustainability and efficient resource management central to its strategic direction, from the supply chain through production to the end of the use phase of all products.
The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.