Power company ENBW has announced the construction of what will be Germany’s largest solar energy park. What’s more: the firm is doing this without any help at all from state subsidies.
Mobile communications provider Vodafone has carried out the first-ever remote-controlled test run of a train using 5G technology. The test was carried out at the company’s smart Smart Rail Connectivity Campus in Germany’s central Erzgebirge region.
German carmaker Opel is following many of its competitors and going green.
ZD Automotive has opened up a new company building in the Bavarian city of Ingolstadt. It’s intended to be home to as many as 120 employees working in research and development for the infotainment-systems and autonomous-driving specialist.
The world’s largest start-up accelerator Plug and Play is planning to open a branch for supply chain and logistics in Hamburg. It’s the Silicon Valley company’s fifth location in Germany after Berlin, Frankfurt, Stuttgart and Munich.
MTU Aero Engines has purchased a ten-million-euro stake in the air taxi company e.Sat in the western German city of Aachen. The aircraft motor producer will be involved in the development and construction of an electro-hybrid motor for the air taxis.
London-based challenger bank Revolut is opening a new tech hub in Berlin. Around 80 people will be employed there, including software engineers, data scientists, product managers and marketing experts.
BMW is putting the pedal to metal with its electric vehicles. The Bavarian automotive giant is gunning to offer 25 electric models by the year 2023. Originally, the company’s target was 2025.
Japan has overtaken China – at least where stakes purchased in German companies are concerned.
One prerequisite for the transition from conventional cars with combustion engines to electric vehicles is the ease with which the later can be charged.