Category: German Press

German Manager Magazin: Xiaomi is making progress with electric car plans002677

Chinese smartphone maker Xiaomi Corp has taken a big step closer to its plan to build electric cars in the country’s highly competitive auto market. The National Development and Reform Commission (NDRC), which regulates investment and production capacity in China’s auto industry, granted a permit in early August, two people familiar with the process told… Continue reading German Manager Magazin: Xiaomi is making progress with electric car plans002677

German Manager Magazin: Continental: Second confession in investigations into diesel scandal002677

In the investigation into a possible involvement of Continental in the VW emissions scandal there is another confession. At the request of the Reuters news agency, the Hanover public prosecutor’s office announced on Wednesday that the proceedings against another former employee of the automotive supplier had been temporarily suspended against payment of a monetary condition.… Continue reading German Manager Magazin: Continental: Second confession in investigations into diesel scandal002677

German Handelsblatt: Battery storage: On the way to becoming a candidate for the stock market: VW holding Northvolt receives next billion financing007499

Northvolt Der Batteriehersteller hat bereits mehr als acht Milliarden Euro Fremd- und Eigenkapital aufgenommen. (Foto: Reuters) Das Batterie-Start-up Northvolt aus Schweden hat eine weitere Finanzspritze erhalten. Wie aus einer Mitteilung vom Dienstag hervorgeht, hat das Unternehmen Wandelanleihen im Wert von 1,1 Milliarden Euro (1,2 Milliarden US-Dollar) von Investoren aufgenommen. Zu den Geldgebern gehört der weltgrößte Vermögensverwalter… Continue reading German Handelsblatt: Battery storage: On the way to becoming a candidate for the stock market: VW holding Northvolt receives next billion financing007499

German Handelsblatt: VW emissions scandal: Second confession in diesel investigations against Continental007498

Continental Continental has given the clarification of the exhaust gas manipulation top priority. (Photo: Imago) There is another confession in the investigation into a possible involvement of Continental in the VW emissions scandal. At the request of the Reuters news agency, the Hanover public prosecutor’s office announced on Wednesday that the proceedings against another former… Continue reading German Handelsblatt: VW emissions scandal: Second confession in diesel investigations against Continental007498

German Handelsblatt: Battery storage: On the way to becoming a candidate for the stock market: VW holding Northvolt receives next billion financing007499

Northvolt Der Batteriehersteller hat bereits mehr als acht Milliarden Euro Fremd- und Eigenkapital aufgenommen. (Foto: Reuters) Das Batterie-Start-up Northvolt aus Schweden hat eine weitere Finanzspritze erhalten. Wie aus einer Mitteilung vom Dienstag hervorgeht, hat das Unternehmen Wandelanleihen im Wert von 1,1 Milliarden Euro (1,2 Milliarden US-Dollar) von Investoren aufgenommen. Zu den Geldgebern gehört der weltgrößte Vermögensverwalter… Continue reading German Handelsblatt: Battery storage: On the way to becoming a candidate for the stock market: VW holding Northvolt receives next billion financing007499

German Handelsblatt: VW emissions scandal: Second confession in diesel investigations against Continental007498

Continental Continental has given the clarification of the exhaust gas manipulation top priority. (Photo: Imago) There is another confession in the investigation into a possible involvement of Continental in the VW emissions scandal. At the request of the Reuters news agency, the Hanover public prosecutor’s office announced on Wednesday that the proceedings against another former… Continue reading German Handelsblatt: VW emissions scandal: Second confession in diesel investigations against Continental007498

German Handelsblatt: Auto: Mercedes relies on know-how from Australia for battery recycling007496

electric car A new battery shredding plant is to be built in southern Germany. (Photo: Bloomberg) The German car manufacturer Mercedes-Benz relies on Australian expertise when it comes to battery recycling. As the Australian company Neometals announced on Wednesday, its joint venture Primobius with the German engineering company SMS Group will build a battery crushing… Continue reading German Handelsblatt: Auto: Mercedes relies on know-how from Australia for battery recycling007496

German Handelsblatt: Auto: Mercedes relies on know-how from Australia for battery recycling007496

electric car A new battery shredding plant is to be built in southern Germany. (Photo: Bloomberg) The German car manufacturer Mercedes-Benz relies on Australian expertise when it comes to battery recycling. As the Australian company Neometals announced on Wednesday, its joint venture Primobius with the German engineering company SMS Group will build a battery crushing… Continue reading German Handelsblatt: Auto: Mercedes relies on know-how from Australia for battery recycling007496

German FAZ: How China is trying to create a counterweight to the West006785

For two Chinese automakers, the BRICS summit is a success before the event has even really started. In front of the luxury hotels in the Johannesburg suburb of Sandton, where brands such as Mercedes-Benz and BMW are usually located, limousines from the Chinese manufacturers Chery and Haval are lined up this week. The summit logo… Continue reading German FAZ: How China is trying to create a counterweight to the West006785