News Digest Item
27 Oct 2016

“The hot poker about battery factories”

manager magazin

It is increasingly clear that carmakers have become serious about electric mobility as the German car industry reinvents itself, writes Nils-Viktor Sorge in manager magazin.  Suppliers and employees focusing on combustion-engine technology face an existential crisis. The production of battery cells on a large scale could partly make up for the loss. But the car industry - with around 800,000 employees - shies away from a decision on whether to enter this costly business. If the entire German production of six million cars per year became electric, the production of the required batteries could secure around 75,000 jobs, estimates Sorge, with reference to other large-scale battery factories.

Read the article in German here.

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