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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bayerische Motoren Werke AG | TG:BMW | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.49% | 103.05 | 102.85 | 103.20 | 103.25 | 101.95 | 102.35 | 37,586 | 22:50:02 |
By Cecilia Butini
BMW AG said it will increase the percentage of recycled and reusable materials to be used in its cars to 50% from the current 30%, and that it would further decrease the carbon footprint of its vehicles with the launch of new models.
The German auto maker said it plans to cut emissions by half per car and kilometer driven by 2030 compared with 2019 levels. Looking at the whole life cycle of a car, including production and upstream supply chain, BMW said it plans to reduce emissions by at least 40% per car.
The company also said that it put in place a partnership with BASF SE and Alba Group PLC & Co. to build a recycling system reducing the use of primary plastics.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
September 02, 2021 04:18 ET (08:18 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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