One of the winners of the coronavirus disruptions is the digital automotive market.
Industries / Mobility & Logistics
The coronavirus pandemic has put the kibosh on many companies’ plans around the globe but not those of battery producer AKASOL. The company’s second serial production line for lithium-ion battery systems at its Langen, Germany, production site is now operational – six months ahead of schedule.
The German government is investing more than EUR 1.5 billion in battery cell research and production – a key element in the country’s planned transition to clean energy and mobility.
Germany’s national rail operator Deutsche Bahn is facing the biggest modernization in its history. This bold endeavor will create a range of opportunities for foreign railway equipment suppliers and construction companies.
The trend is clear – all of Germany’s big carmakers are going electric. No wonder that Germany is expected to overtake China as the world’s leading EV producer. And now Tesla’s coming as well.
The innovative product can double motor performance without increasing motor size by using copper wire to disperse coolants to engine coils.
Political pressure and concerns about climate change are transforming Germany’s automotive sector from the wheels up. This major cross-sector upheaval has created unparalleled investment opportunities.
The first 100,000 Tesla EVs that are made in Germany are scheduled to roll out of the American company’s new “Gigafactory Europe“ in Brandenburg by July 2021. So what was behind CEO Elon Musk’s decision to start manufacturing in the eastern German state of Brandenburg, just outside Berlin?
Interview with Joachim Damasky, managing director at the German Association of the Automotive Industry (VDA). The association represents about 600 companies, including VW, BMW and Daimler.
It’s lift-off at the German Aerospace Center (DLR) for the agency’s commercial microlauncher competition.