Skip to content

BMW to use hemp in vehicle production as part of reducing carbon emissions

BMW to use hemp vehicle production as part of reducing carbon emissions

German vehicle manufacturer BMW has announced measures to reduce carbon emissions during its car production process. 

In a blog post, the company revealed that its new focus is on using environmentally friendly materials. Under the strategy, the company will also increasingly deploy a ‘circular economy’ in production.

Some of the materials the automaker plans to use include hemp, flax, and kenaf fibers. The materials will be used for interior production.

Notably, hemp, which is linked to marijuana, is increasingly gaining traction in production as global focus turns on reducing carbon emissions. The company noted that it’s banking on the material’s mechanical structures for durability. 

“We are setting new standards for sustainable premium quality – by rethinking materials and focusing more than ever on resource-efficient alternatives and renewable materials with strong dismantling capability,” said Dr. Stefan Floeck, BMW’s head of development for Mini and BMW’s compact line.

The proposed materials are part of BMWs broader goal of reducing carbon emissions across its vehicle production process. The company aims to lower the emissions by at least 40% from 2019 levels by 2030. 

50% from electric vehicle sales

Furthermore, as part of its sustainable goals, BMW seeks to generate almost 50% of its sales from electric vehicles by 2030. In this line, the company confirmed that it is also exploring more environmentally friendly lithium in its production.

Like other manufacturers in the space, BMW is facing pressure from environmental groups to focus on sustainability. Notably, several German environmental groups have launched legal proceedings against Volkswagen, Daimler, and BMW. The legal battle is aimed to force companies to reduce emissions faster. 

Greenpeace Germany and Deutsche Umwelthilfe confirmed serving the companies with letters calling on them to commit to more ambitious targets for reducing carbon emissions.  Failure to commit will result in a legal suit.

[robinhood]

[coinbase]

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account?

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.