Mercedes and Tesla rely on batteries with silicon

New battery material Automakers have high hopes for silicon. San Francisco It hisses, hums and whirrs: In the laboratory of the battery specialist Sila Nanotechnologies, one huge test station is lined up after the next. In ever new experiments, dozens of researchers are optimizing different batteries to make them even more powerful. “We are making … Read more

Company cars are becoming more expensive for companies

Interior view of a car tower in the Autostadt Wolfsburg VW employees now have to wait longer for a new company car. (Foto: imago images/Sven Simon) Düsseldorf Company cars are increasingly becoming a burden for companies. Supply bottlenecks at manufacturers are delaying the replacement of leasing fleets and the switch to electromobility. The high fuel prices … Read more

German suppliers are building factories of the future

Elon Musk in Grünheide Tesla works fundamentally differently than German car manufacturers. The hidden champions like that. (Photo: Archyde.com) Düsseldorf, New York For a good two years, Tesla has been building a “Gigafactory” in Brandenburg, a plant in which the electric mobility group wants to mass-produce its cars for the European market. On Friday, the … Read more

Big banks attack manufacturers’ business

Volkswagen Financial Services In Braunchsweig, people have so far been relaxed about the growing competition (Photo: Press photo) Frankfurt December 2021: The car group Stellantis, which emerged from the merger of Fiat Chrysler and PSA, announces that it will found a leasing provider together with the French bank Crédit Agricole. The goal: a fleet of … Read more

Bottlenecks in wiring harnesses – production stop in the automotive industry

Dusseldorf, Munich Russia’s war of aggression in Ukraine is becoming a growing problem for carmakers in Europe. After Volkswagen, Porsche and BMW also have to interrupt parts of their production. At Audi, the production lines for the A4 and A5 models will be shut down at the Ingolstadt plant from Monday until March 11th. In … Read more

Dax outlook: The great uncertainty

Frankfurt European financial markets face an uncertain start to trading on Monday. How the week starts depends on the latest developments in the Ukraine war. This is already illustrated by the last two trading days of the past week. The major turmoil in the financial markets on Thursday was the direct result of the start … Read more

Putin continues to demonstrate his power – first calls for war from Moscow

Wladimir Putin The Russian President chaired a previously announced exercise involving nuclear missiles from the Kremlin on Saturday. (Foto: imago images/SNA) Moscow The first calls for war came from Moscow. Duma deputy Alexey Zhuravlyov called on Russians to volunteer to fight in Donbass. “Today we must defend our world, the Russian world and the Bandera rags … Read more

German ex-Goldman banker puts a heavy burden on top managers

Tim Leissner (middle) 44 million dollars (39 million euros) were confiscated from the ex-Southeast Asia boss. (Foto: Bloomberg) New York It was an explosive statement: Executives at the major US bank Goldman Sachs are said to have known that the dubious financier Jho Low was involved in transactions with the plundered Malaysian sovereign wealth fund 1MDB. … Read more