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VW Turns to Electric to Regain Momentum in the U․S․
#International #ElectricCars #AutomotiveIndustry #GermanEconomy #Volkswagen

The diesel scandal cost Volkswagen dearly in the U․S․ But as part of its punishment, the company was required to developed a network of charging stations for electric vehicles․ VW is now doubling down on the strategy
German Carmakers Prepare To Restart Production
#International #Business #Coronavirus #GermanEconomy #AutomotiveIndustry

German carmakers are going to have to open up their factories and car dealerships again soon – otherwise they could face a widespread collapse․ And that would be disastrous for the German economy
VW, BWM, Daimler: The Race to Beat Tesla at Its Own Game
#International #Europe #ElectricCars #AutomotiveIndustry #Volkswagen #Daimler #Transportation

Government subsidies promoting the purchase of electric cars in Germany are causing demand to skyrocket․ VW, BMW and Daimler are all overwhelmed by the sudden boom․ Not only are there too few vehicles coming off the assembly lines, but there aren't enough charging stations around Europe․ The companies are now going on the offensive to catch up with Tesla
The Tesla Factory Near Berlin: Elon Musk Shows the Germans How to Move Quickly
#International #Business #ElectricCars #AutomotiveIndustry #GermanEconomy

Tesla is racing ahead with construction of its new factory just outside of Berlin․ All that's left for German carmakers is to watch and learn
The Future of Electric: Tesla Joins the Race for the Next-Gen Battery
#International #Business #ElectricCars #AutomotiveIndustry #GermanEconomy #ClimateChange #Environment

China, Japan and South Korea have long been in the lead when it comes to car battery technology․ With new technologies and better production methods, Tesla now wants to change that․ Germany is falling behind
The Oppression of Uyghurs in China: VW Under Fire for Ongoing Operations in Xinjiang
#International #World #China #HumanRightsinChina #GermanExports #Volkswagen #GermanEconomy #AutomotiveIndustry

Volkswagen continues to operate a factory in the heart of Xinjiang, despite massive criticism from human rights activists․ The factory is largely meaningless from a business perspective Is the company trying to prove its loyalty to the Chinese government?
Germany and the End of Globalization: Prosperity Under Pressure
#International #World #Globalization #GermanExports #GermanEconomy #AutomotiveIndustry #ChineseEconomy #China

The number of democratic countries around the world is shrinking steadily, and autocratic countries are registering more patents than the West․ A new era is dawning – and it could have dramatic consequences for our work, our money and our lives
DER SPIEGEL Survey: Musk Destroys Tesla Image in Germany
#International #Business #AutomotiveIndustry #ElectricCars

Germans have a disastrous view of Tesla, with company founder Elon Musk's behavior hardly helping․ Whether from a likeability or quality perspective, the Tesla brand is far behind its German competitors
Support for Russia's War Economy?: A German Auto Parts Supplier Raises Eyebrows
#International #Business #RussiasWarAgainstUkraine #Ukraine #VladimirPutin #Russia #AutomotiveIndustry

German auto parts supplier Schaeffler is selling its factory in Russia․ But a letter to the Russian president and a questionable loan are raising questions about the role of a Russian oligarch in the deal – and whether the plant could supply parts to Putin's war machine in the future
Putin's Willing Helper: Austrian Entrepreneur Seeks to Save Russia's Stalled Car Industry
#International #Volkswagen #Daimler #AutomotiveIndustry #Russia #VladimirPutin #RussiasWarAgainstUkraine

Porsche SE board member Siegfried Wolf wants to rebuild war-sanctioned Russia's automobile sector using German know-how from companies including Volkswagen․ He even pitched his plan in a letter directly to Putin – and asked for an 800-million-euro credit line
The Global Competition for Raw Materials: Europe at Risk of Losing the Lithium Race
#International #Business #ClimateChange #Environment #ElectricCars #AutomotiveIndustry #GermanEconomy #Daimler #China

Without lithium, copper and rare earths, our mobile phones, electric cars and wind turbines wouldn't function․ Currently we are almost exclusively dependent on China for these critical raw materials․ But there might be a way out