“Divide old and new”
Handelsblatt
Chinese e-car quotas could turn into a shock for the German car industry, with an effect comparable to the impact of the Fukushima nuclear disaster on utilities, writes Ferdinand Dudenhöffer, head of the Center Automotive Research (CAR) at the University Duisburg-Essen in a guest column in the business daily Handelsblatt. But whereas carmakers “only” need to swap combustion engines with electric motors, many suppliers are much more dependent on combustion technology. “The energy giants’ blueprints to split companies in two offer a suggestion. Time is running out for mid-sized suppliers. It could become fatal if they don’t take the right precautions.”
For background, read the CLEW dossier The Energiewende and German carmakers.
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