News Digest Item
31 May 2018

German Postal Service mulls stock market launch of Streetscooter e-car branch


The German Postal Service’s e-car manufacturing branch Streetscooter could soon be listed on the stock market, news agency Reuters reports. “It’s theoretically possible. We’re looking at the next two to three years,” the Postal Service’s board member Jürgen Gerdes said at the opening of a new Streetscooter production plant. According to the article, the company - which currently has an annual production capacity of about 20,000 vehicles - says a partnership with a big carmaker would also be a possibility. Gerdes said the Postal Service does not intend to become a carmaker permanently.

Read the article in English here and a more detailed version in German here.

For background, read the CLEW dossier The Energiewende and German carmakers.

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