Germanys

<!----> Taiwan’s Hon Hai Technology Group announced it has signed an agreement to acquire German automotive components manufacturer Prettl SWH Group, in a move designed to strengthen its electric vehicle (EV) supply chain. Hon Hai, also known as Apple Inc’s main manufacturing…

A Deloitte study surveyed commuters in Germany to determine the most common types of electric transportation used in the country. As it turns out, electric cars aren’t the most popular EVs on the road. That title goes to electric bicycles. And it wasn’t even close. According to the Deloitte study, survey respondents in Germany were 2.5 times as likely to report using an electric bicycle compared to an electric car. Approximately 7% of respondents reported driving an electric car while 18%…

Turkish Airlines quickly overcame the negative financial effects of the Covid-19 pandemic, while Lufthansa's recovery period has been more difficult. Due to the decline in passenger demand during the pandemic, it was difficult for airline companies to raise funds through capital increase.…

BERLIN—Energy giant Uniper SE UN01 -4.19% posted a net loss of around $39.3 billion for the first nine months of the year—one of the biggest in Germany’s corporate history—highlighting the financial fallout from Russia’s decision to throttle natural-gas deliveries to Europe. The company, which is soon to be nationalized by Germany in an attempt to stabilize it and protect its customers, said Thursday it was finalizing the details of…

Fast News Ifo Business Climate indicator for Germany falls to a 29-month low of 84.3 in October. The German economy is expected to see a recession in 2023. (AA Archive)…

Ford Kuga is top selling model in PHEV segment in Germany It now seems certain that revisions to Germany’s government grants for the purchase of a plug-in car will result in the abolition of the plug-in hybrid (PHEV) grant from the start of 2023. At present this is worth a maximum of €6,750. To qualify for this amount, cars need to have a homologated electric-only range of 60km and should have a net list price…

Tesla has managed to secure the best-selling car spot in Germany, a tough auto market known for preferring local brands. Germany is an important auto market in Europe and one that is difficult to penetrate for foreign automakers because of the strong local industry with companies like Volkswagen, BMW, and Mercedes-Benz. Tesla has made some good early efforts in the country, but it is now expected to do much better with a local factory producing German-made Tesla vehicles. Last year, Tesla delivered just short of…

Fast News Due to delivery bottlenecks, industrial production has fallen 0.8% month-on-month, says Germany's statistical office. The results followed a 0.3% decrease in July amid delivery bottlenecks, according to the Federal Statistical Office.…

Fast News PreussenElektra, a subsidiary of E.ON and operator of Isar 2, says a week-long shutdown of the plant would be necessary in October. Isar 2, situated in the southern state of Bavaria, had been scheduled to go offline at the end of the year.…

 The end of summer also sounded the end of Germany’s €9 public transport ticket — a tenth of its usual price. Unsurprisingly popular with commuters, it left people wondering what was next.  This week the Berlin Senate has announced its plan to secure funds for reduced-price BVG tickets. According to Mayor Franziska Giffey, a monthly ticket price of €29 for zones A-C has been agreed upon, with further discussion for outer regions and the rest of Germany.   Hi there, EV nerd!Subscribe now for a…