BMW’s investment arm BMW i Ventures announced an investment in Cyclic Materials, a Canadian company focused on recycling rare earth elements (REE). Regarding e-mobility, Cyclic Materials cooperates with Polestar to recover magnets for electric motors. As for BMW i Ventures, the investor led the $27 million Series A funding alongside Energy Impact Partners (EIP). Fifth […] More…
BMW i Ventures leads investment into rare earth recycling
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