News Digest Item
07 Sep 2017

“Thyssenkrupp bets on e-cars – and warns the Greens”

Welt Online

German steelmaker Thyssenkrupp’s CEO Heinrich Hiesinger said that a strict combustion engine ban could cost the auto industry a lot of money because of the long-term planning of affected companies, writes Carsten Dierig for Welt Online. “The immediate financial effects on businesses is underestimated by many politicians. It would lead to enormous valuation adjustments for many carmakers and suppliers on the day the decision is made,” said Hiesinger.

Read the article in German here.

For background, read the CLEW factsheet The debate over an end to combustion engines in Germany and the CLEW dossiers The Energiewende and German carmakers and The energy transition's effect on jobs and business.

All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)” . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee