For some they’re an important part of Germany’s energy future, for others, a relic of the past that services a technology which should be phased out as soon as possible: synthetic fuels for automotive combustion engines.
In their drive to build the cars of the future, Germany’s large automakers are focusing increasingly on the computer programming in their vehicles.
Due to uncertainty amidst the coronavirus pandemic in 2020, the size of financing deals for start-ups in Germany decreased somewhat. But venture capital investments have come roaring back, with a number of young companies announcing impressive hauls, particularly from foreign investors. Here’s a round-up of seven of the bigger ones.
With a host new production facilities underway in the country, Germany is poised to become Europe’s electric vehicle (EV) battery capital.
Unmanned aviation is taking off in a big way in Germany, with turnover in the sector expected to grow by billions over the next decade. International players have begun to take notice, particularly of an air mobility hub that is developing in the south.
Valmet Automotive is expanding – specifically to the town of Kirchardt in the southwestern regional state of Baden-Württemberg. The Finnish maker of batteries for electric vehicles (EVs) is converting an 11,500-square-meter former printing shop into its third production facilities overall and first in Germany.
Innovative young air taxi developer Volocopter has received a massive influx of capital from investors including German rail company Deutsche Bahn, Intel, Daimler and Geely as well as Continental and Blackrock.
A new market analysis by the Brussels environmental protection association Transport & Environment (T&E) predicts a bright future for electric vehicle battery production in Europe’s largest market.
The European subsidiary of Ford Motor Company is investing the equivalent of a cool one billion dollars to convert its Cologne factory to produce electric vehicles.
New challenges, new work environments, new needs: in Bremen, as in many other regions, 2020 will go down in history as the year of digital change. Despite the crisis, Germany’s smallest federal state recorded 40 foreign direct investments (FDI) with around 252 jobs created last year.
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