Germany

A collection of 40 posts

Carmakers Featured

Mercedes-Benz signs supply deal with Rock Tech Lithium for EV-ramp up

Battery raw material sourcing: Mercedes-Benz AG and Rock Tech Lithium Inc. sign an initial supply agreement for on average 10,000 tonnes of battery-grade lithium hydroxide per year – enough for around 150,000 electric vehicles

UK

BMW to shift production of electric Minis from Britain to China

BMW is set to phase out all UK production of the award-winning electric Mini and move it to China, dealing a serious blow to hopes the UK could be a global hub for manufacturing zero-emission vehicles .

Germany

Nord Stream pipeline leaks biggest ever, according to scientists

Scientists fear methane leaking from Nord Stream pipelines in Baltic Sea could be one of worst natural gas leaks on record and pose significant climate risks. Neither of two Nord Stream gas pipelines that connect Russia and Germany were operational

Belgium

European industrial groups suffering high energy prices

European industrial giants have feared for months that gas shortages will paralyze production this winter. But even with available fuel, companies cannot afford it. "It's not about standing still

aerospace

Advanced Drones: AVIC Cloud Shadow, UZGA AO Forpost, GIDS Shahpar II

Advanced Drones: AVIC Cloud Shadow, UZGA AO Forpost, GIDS Shahpar II

Germany Featured

Great Wall boosts its European expansion with its headquarters in Germany

The automaker presented electric models of its Wey and Ora brands at the Munich auto show BERLIN - Great Wall has opened its European headquarters in Munich as the Chinese automaker steps up expansion plans in the region. The company plans to start selling cars in Europe next year after

Germany

German Fruitcore Robotics raises €17 million for its industrial robotics solutions

Constance, Germany-based Fruitcore Robotics, a robotic system that uses smart software and innovative mechatronics, has announced it has raised € 17 million in its Series A funding round. The round was led by UVC Partners, an early stage venture capital firm, with btov Industrial Technologies Fund and the btov Partners network

investment

Intel's €80 billion investment plan for European chip factories not for the UK due to Brexit

Promise to UK in becoming a science & technology superpower dwindling as Intel looks to the continent to invest. Due to the country's decision to leave the EU, the largest political and trade bloc in the world, Intel is excluding the UK from its European expansion plans. With

Carmakers

Cupra begins manufacturing all-electric Born in Germany, Zwickau

Cupra is now starting series production of its first fully electric Born model at the Volkswagen plant in Zwickau. With the start of sales in November, Cupra introduced a new sales strategy with the agency model. In addition, customers have the option of purchasing El Born by subscription. El Born

Germany

Euro facing worrying signals for German economy

Reference price on publication: GBP / EUR: 1.1830 \ GBP / USD: 1.3750 High bank interest rates (indicative): 1.1600 \ 1.3470 Prices for payment specialists (indicative: 1.1770 \ 1.3750 The euro faces headwinds for further progress amid a noticeable slowdown in the eurozone's largest economy and expectations

Carmakers Featured

Ford picks UK for e-vehicle components plant, in Europe, ahead of Germany

London / Cologne The automaker said it is investing £ 230 million ($ 316 million) in converting its transmission plant in Halewood, northwest England, to produce electric propulsion units for future all-electric Ford cars and commercial vehicles that will be sold in Europe. Production is scheduled to begin in 2024, Ford announced on

semiconductors Featured

Chip shortage strengthening pricing policy of EU carmakers

An unprecedented and worsening material shortage, especially in semiconductors, is creating a mismatch between supply and demand in the European automotive sector that could last until the first half of 2022. This gives automakers a unique opportunity to drop prices after nearly $ 20. increase of + 3-6% years of compulsions. In

semiconductors

Daimler plant in Hungary, Kecskemet, shut down due to chips-shortage

A shortage of chips has shut down German carmaker Daimler's plant in Hungary until May 2, state news wire MTI reports citing a local news portal. Baon.hu, the news portal for Bács-Kiskun County, home to the Daimler plant, learned that production stopped on Wednesday and the shutdown

Germany

Marelli invests in new Electric Powertrain plant in Cologne, Germany

Marelli, one of the world's leading automotive suppliers, received the NRW.Global Business Award 2021 for investing in its new electric vehicle engine production plant in Cologne. With this award, the State of North Rhine-Westphalia rewards foreign direct investments that significantly advance the region's long-term global

suppliers Featured

DRÄXLMAIER plans for a new E-mobility plant in Romania

DRÄXLMAIER  presented the plans for a new E-mobility plant in Timișoara, Romania, during an event to local authorities, the German ambassador and German Consul in Romania. The project will be implemented in the next six years consisting of the construction of over 40,000 m2 of production area, warehouses and

Germany

Tesla's new German Gigafactory, 'Elon Musk ist ein Berliner'

It is by far the largest industrial settlement in the region for a century, and the Brandenburg Minister for Economic Affairs, Jörg Steinbach, has described it as an opportunity for the region to "become a leading location for the energy transition in Germany and Europe". Musk has promised

Germany

German industrial & auto supply chains face Corona border restrictions

Travel restrictions on the German border with the Czech Republic could, according to the German VDA car manufacturers' association, cut the automobile supply lines, which could trigger a wave of production stoppages

Germany

Germany's automakers face serious challenges in post-coronavirus world

The economically important automotive industry in Germany is in a phase of shutdown, production standstills and declining sales. The sector supports tens of thousands of jobs in Germany, and exports are vital to the economy of the entire country. However, demand has fallen and the industry is facing major challenges

Germany

Ford to pour $1 billion in Germany, with plant manufacturing ‘all-electric’ passenger cars in Europe by 2030

Ford is investing $ 1 billion in an electric vehicle production facility in Cologne. The European branch of the automotive giant is committed to going all-in for electric vehicles in the coming years. In the plans announced on Wednesday morning, Ford said that the entire range of cars in Europe will

China

News Analysis: German car industry benefits from cooperation with China

China has become the most important single market for Germany's automotive industry. Even amidst headwinds from the global COVID-19 pandemic, there is no end to this development as recent figures of Germany's top three car manufacturers BMW, Daimler and Volkswagen

Germany

German President Steinmeier to hold climate talks with German carmakers

German President Frank-Walter Steinmeier will host the start of a series of talks on Germany’s post-pandemic economic development on Thursday (11 February). The topic of this first dialogue is ‘Industry and climate protection using the example of the automotive industry’. How can the German economy recover after the coronavirus

Germany

Daimler to build Electric SUVs in Hungary

The German automaker Daimler is expected to start production of a fully electric compact SUV in Hungary in the fourth quarter of 2021 after an investment of 100 million euros. Automobile manufacturing plays a central role in the Hungarian economy, and the vehicle will be the first fully electric car

suppliers

Brose starts building plant and R&D center in Serbia - Leading automotive supplier, German Brose begins construction of first investment in Serbia

A 180 million euros worth investment in total, includes new factory in Pancevo, Serbia, and Research and Development Center. Pancevo will be the home of a production site for electric motors and drives as part of the first stage of expansion to be completed by 2021. Also, around 1.100

suppliers

Bosch and Continental will stop production in Western Europe due to COVID, impacting supply chain

Several automotive suppliers have announced that they will suspend all or part of their production at European facilities due to the corona virus. The companies include Bosch and Continental. Before long, suppliers said they were in close contact with their customers and continued production with health precautions in place. Recently,

COVID

Daimler AG takes further measures in response to the COVID-19 pandemic

* Decision on suspension of majority of production in Europe, initially for two weeks * Precautionary measure to contain the pandemic in line with recommendations from the authorities and to protect the workforce * Not all global supply chains can be maintained at present * Proactive and proportionate decision to prepare for temporarily lower