Category: German Press

German FAZ: Is China now hijacking the offshore wind business?007976

The planned expansion of wind power on the North and Baltic Seas has raised great hopes for new industrialization in the coastal regions because the wind industry has great demand in many sectors. For example, cable producers could do a good deal, explains Carsten Lehmköster from the network operator Amprion, who still sees great demand… Continue reading German FAZ: Is China now hijacking the offshore wind business?007976

German FAZ: Habeck’s daring climate bet007975

The event on Tuesday morning at the Federal Ministry of Economics was a mixture of awarding diplomas and giving gifts. Representatives from more than a dozen companies gathered in the wood-paneled oak hall to receive funding notices from host Robert Habeck (Greens). With so-called climate protection agreements, the state reimburses them for the additional costs… Continue reading German FAZ: Habeck’s daring climate bet007975

German FAZ: “Shop like a billionaire”: The questionable methods of Temu007974

The Temu app is becoming increasingly popular and offers a wide range of cheap products delivered directly from China to Europe. But the hype surrounding cheap goods has a price. The list of allegations is long: blackmail of suppliers, exploitation of manufacturers, cheap copies of branded products, data theft, pollutants, customs and tax fraud. The… Continue reading German FAZ: “Shop like a billionaire”: The questionable methods of Temu007974

German FAZ: There is little sign of the car crisis 007976

There is also good news from the automotive world. While European automakers like Volkswagen and Stellantis are deep in crisis, the world’s third-largest carmaker, Hyundai Motor, began listing its India business on Monday. The South Korean company wants to raise around three billion dollars by issuing shares. That would value the business at $17 billion,… Continue reading German FAZ: There is little sign of the car crisis 007976

German FAZ: Against electric car frustration007975

Those who are said to be dead live longer, and this also applies to trade fairs. In October 2022, the Paris Motor Show, which traditionally alternates with the German IAA every two years, was only a shadow of its former self. Of the previously more than one million visitors, less than 400,000 remained. Apart from… Continue reading German FAZ: Against electric car frustration007975

German FAZ: The very low valued stocks in the Dax007974

Most ETF savings plans in this country run on the MSCI World. For good reason. There are success stories with Apple, Microsoft and Nvidia, each of which has more market value than all listed companies in Germany combined. Who else is causing a stir in the stock market world? Saudi Aramco’s oil wealth, for example,… Continue reading German FAZ: The very low valued stocks in the Dax007974

German FAZ: Autonomous driving: Is Tesla overtaking the German car manufacturers?007974

A week has passed since Tesla boss Elon Musk presented his robot taxi with great fanfare in the Warner Bros film studios. Millions of viewers around the world watched the almost half-hour presentation on the Internet, after which there was mostly disillusionment, as can be seen from the declining stock market price. Go to Source

German Manager Magazine: Sluggish sales of electric cars: Federal Council wants purchase bonus for electric cars back003665

The Federal Council has called for the reintroduction of a purchase bonus for electric cars. The federal government should examine this, according to a resolution passed by the state chamber on Friday. Only with an “accelerated and consistent ramp-up of e-mobility” can Germany’s automotive sector continue to compete on the global market. The motion for… Continue reading German Manager Magazine: Sluggish sales of electric cars: Federal Council wants purchase bonus for electric cars back003665