Among the participants of the Automotive Summit 2019 were bosses of Germany’s leading carmakers and automotive companies. They agreed that the public and private sectors would split the costs for augmented subsidies of up to 6000 EUR for consumers who purchase electric vehicles.
Industries / Mobility & Logistics
Political and business leaders have hailed Elon Musk’s announcement that EV giant Tesla will build its European plant just outside Berlin.
Munich-based start-up Sono Motors has designed a car with 248 solar panels embedded into its roof, hood, rear and sides, which can provide enough electricity per day for 34km of no-cost, zero emissions driving.
Need a rocket engine? Munich start-up Isar Aerospace Technologies, founded last year, has set its sights high – it aims to become ‘Europe’s SpaceX.’
The market for electric bicycles in Germany is going through the roof, as our latest video shows. Nearly one million e-bikes were sold in Germany in 2018 and by all indications that number will grow and grow in the years to come.
Some cyclists are converting their conventional two-wheeler into e-bikes, and that means opportunities for suppliers of conversion gear like Germany’s Pendix.
Number of new German registrations for electric and hybrid vehicles increased dramatically last year.
Hamburg start-up Wunder Mobility has received 30 million dollars in Series B financing and thereby doubled its capital. The new funds come from venture capitalist Blumberg Capital and KCK.
Berlin start-up Ubitricity, which was founded in 2008 has come up with a simple, cost-effective way of upgrading existing streetlights into power providers for EVs.
Leipzig/Halle Airport has signed a memorandum of understanding to cement a long-term strategic partnership with the Volga-Dnepr Group, a Russian airline holding company headquartered in Moscow that bills itself as a world leader in the transport of oversize, unique and heavy air cargo.