German business confidence collapsed the most in three decades after restrictions to slow the spread of the coronavirus forced mass closures of companies and stores across Europe’s largest economy. The slump Continue Reading
Germany has set some of the most ambitious goals of any nation for shifting from fossil fuels to greener energy. Now the centerpiece of that push—onshore wind power—is slumping, prompting Continue Reading
German airline group Lufthansa ( LHAG.DE ) will slash flight capacity across its fleet by half over the coming weeks because of the fallout from coronavirus, the company said on Continue Reading
Germany is taking its first steps to build an economy based on hydrogen instead of fossil fuels, seeking to deliver both green growth and to avoid being trapped by a Continue Reading
Lufthansa said on Monday that it was suspending flights to China until April 24 and to Tehran until April 30 due to the coronavirus outbreak. Lufthansa said it was also Continue Reading
In Germany, the DeMoBat collaborative project is developing a robot-assisted dismantling factory for traction batteries and electric motors for EVs. These processes would constitute and important element of a resource-efficient Continue Reading
German unemployment dropped unexpectedly in February, the Federal Labour Office said on Friday, suggesting that the strong job market will continue to propel growth in Europe’s largest economy. Data from Continue Reading
Today in “news that affects all electric vehicle manufacturers but definitely not Tesla stock”, Audi has announced that it has suspended production of its e-Tron electric SUV effective February 20 Continue Reading
Germany’s economy is nearing stagnation in the first quarter due to the coronavirus outbreak, the DIW economic institute said on Wednesday, adding that the German industry would be particularly hit Continue Reading
Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin to build its first European car and battery factory, in Continue Reading
The energy transition is a herculean challenge that is being thwarted by the world’s addiction to fossil fuels. Fortunately, the IEA had some good news recently when it announced that Continue Reading
Germany’s environment minister Svenja Schulze has called for a swift start to green hydrogen production, starting with a 5,000 mt/year auction next year. Receive daily email alerts, subscriber notes & Continue Reading
When Kristin and Thomas Schmitt took out a mortgage and bought a house last summer, the German couple’s dream looked as if it was coming true. Two months later, they Continue Reading
A German court on Sunday ordered Tesla Inc to stop clearing forest land near the capital Berlin to build its first European car and battery factory, a victory for local Continue Reading
The German economy stagnated in the fourth quarter due to weaker private consumption and state spending, data showed on Friday, renewing fears of a recession just as Chancellor Angela Merkel’s Continue Reading
E.ON and Volkswagen have developed an electric vehicle fast-charging system they say is simple, inexpensive and “possible anywhere”. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
Tesla could get state subsidies in its plan to set up a gigafactory in Germany, the country’s economy minister told a weekly newspaper. “In my conversations with (Tesla CEO) Elon Continue Reading
In Germany (the largest car market in Europe), the 2020 registration year started with 246,300 newly registered passenger cars—7.3% less than in January 2019, according to figures from the German Continue Reading
Plans for Germany’s biggest EV battery plant at Kaiserslautern have advanced after car maker Opel pledged to invest Eur2 billion ($2.2 billion), the energy ministry said Friday. Opel, part of Continue Reading
A “green” jet fuel invented by the Nazis for the Luftwaffe air force during World War II may have just found a new purpose in the burgeoning era of flight Continue Reading
Uniper will decommission German hard coal plants at Scholven, Wilhemshaven and Buer by end-2022, and at Staudinger and Heyden by end-2025 at the latest, the German company said in a Continue Reading
German onshore wind additions amounted to 1,078 MW last year, their lowest level since 2000, German wind association BWE said Tuesday. Taking into account the 155 MW of repowered projects Continue Reading
Global automotive production may have peaked, auto supplier Robert Bosch said on Wednesday, announcing job cuts and a review of its business to cope with a 44% drop in full-year Continue Reading
Audi is moving ahead with networked traffic lights in Düsseldorf. After Ingolstadt, the city on the Rhine is the second in Europe in which Audi is introducing its Traffic Light Continue Reading
EU Green Deal, German’s Climate Protection Law could mean rise in renewable fuel targets EU 2020 biofuels demand seen at 426,000 b/d up 7.8% on year EC planning to review Continue Reading
One of the greatest moral dilemmas that has been creeping into the everyday activities of specialists working with coal, oil and in some cases even gas (despite its being perceived Continue Reading
German business morale deteriorated unexpectedly in January as the outlook for services darkened, a survey showed on Monday, suggesting that Europe’s largest economy got off to a slow start in Continue Reading
European business news recently announced the latest German government initiative to decarbonize its nation’s electric power generation by closing all coal fired generating stations by 2038. The plan received the Continue Reading
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric Continue Reading
Germany has agreed to compensation of about 40 billion euros ($45 billion) for affected regions, workers and companies as part of plans to end its use of brown coal in Continue Reading
A top German utility said it would eliminate thousands of jobs tied to the country’s phase-out of coal, as the government pledged nearly €50 billion in aid to German regions, Continue Reading
Germany’s economic growth slumped to a six-year low in 2019 as the export powerhouse faced challenges in its flagship car industry, persistently slowing Chinese growth and global trade conflicts, a Continue Reading
The German government said on Thursday that energy-intensive companies who compete internationally can get an annual subsidy from 2023 to compensate for higher electricity costs caused by a planned coal Continue Reading
David Shukman takes a look at the massive scale of Germany’s coal-mining operation The German government and regional leaders have agreed on a plan to phase out coal-fired power stations Continue Reading
Germany, the poster child for renewable energy, sourcing close to half of its electricity from renewable sources, plans to close all of its nuclear power plants by 2022 . Its Continue Reading
German North Sea offshore wind farms generated 20.2 TWh in 2019, up 21% on the year, system operator Tennet said Monday. December itself set a new monthly record with output Continue Reading
A weak phase in the German industrial sector is not over yet but it is likely to reach turning point soon, the German economy ministry said on Wednesday, citing positive Continue Reading
The German economy grew by 0.6% in 2019, the weakest expansion rate since 2013 and a marked cooling from the previous year, a preliminary estimate from the Federal Statistics Office Continue Reading
More than 400,000 jobs could be lost in Germany over the next decade as its auto industry shifts towards electric vehicles, according to a government-sanctioned report that underlines the wrenching Continue Reading
German exports to Iran roughly halved in the first 11 months of 2019 compared with the same period in the previous year due to U.S. sanctions, preliminary data from the Continue Reading
Are the Germans irrational? Steven Pinker seems to think so. Professor Pinker, a Harvard psychologist, told the German newsmagazine Der Spiegel recently that if mankind wanted to stop climate change Continue Reading
Activity in Germany’s services sector grew at the strongest pace in four months in December, a survey showed on Monday, bringing a strong end to an otherwise weak quarter for Continue Reading
German unemployment rose more than expected in December, data showed on Friday, adding to signs that weakness in the manufacturing sector is hurting the labor market in Europe’s biggest economy. Continue Reading
German employment reached a record high in 2019 as higher labor-market participation and increased immigration of foreign workers more than offset demographic change, the statistics office said on Thursday. The Continue Reading
Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars. In Continue Reading
Last month, Tesla announced it would be building a “giga-factory” just outside Berlin. The factory will create as many as 8,000 jobs and crank out up to 150,000 cars every Continue Reading
Germany is going forward with its plan to phase out nuclear reactors by 2022 as another nuclear power plant is going offline on December 31. Power company EnBW has said Continue Reading
Öhringen lies deep in the automaking country, the homeland of Germany’s biggest industry and a source of national pride. And by most appearances, life is pretty good. The unemployment rate Continue Reading
London — Germany’s planned phasing out of nuclear power will continue with the closure next Tuesday of the 1.5 GW Philippsburg 2, leaving six reactors with a combined 8 GW Continue Reading
Under the Volkswagen’s latest plans, the company expects to reach its original strategic target of one million electric cars by the end of 2023—two years earlier than previously predicted. The Continue Reading
