- The Saarland becomes a big battery location
- Money football collapses
- Daimler Trucks and CATL intensify cooperation
- Investigation after deaths at marathon
- More and more millionaires
- Beijing’s population is growing and getting old
- Rhenus opens axle plant in Shenyang
- Viewpoint: Travel is irreplaceable for dialogue
Car manufacturers worldwide see electromobility as the future, which is why batteries are becoming a crucial component for the entire industry. It is therefore fitting that Germany is currently developing into an extremely popular location for battery production. Two Chinese manufacturers have chosen Germany as an investment location. After CATL in Thuringia, SVOLT now wants to produce e-car batteries in Saarland. Marcel Grzanna analyses what Germany – and Saarland in particular – has to offer the large Chinese manufacturer.
The fact that China and Germany can go well together in the field of e-mobility is also shown by the news that Daimler Truck AG and battery manufacturer CATL are further expanding their cooperation. Initially, CATL is to supply the lithium-ion batteries for the all-electric Mercedes-Benz eActros LongHaul. But both companies have agreed on a much more far-reaching cooperation.
Meanwhile, our analysis of the financial situation of Chinese football shows what is possible in China when the president makes a wish. Billions have been invested, players and coaches from all over the world have been lured to the People’s Republic, entire clubs have been bought – and money is no object. A wild hustle and bustle developed around Chinese football, in which a goal sometimes cost a whopping ten million euros. But at the start of the new season, the results are disastrous. Even the reigning champions no longer exist. Now China’s rulers are intervening.
A truly terrible report reached us from Gansu. There, 21 runners lost their lives during an ultra marathon. Shortly after the start, the participants were surprised by a violent drop in temperature, hail, freezing rain and strong winds. On Monday, authorities launched an investigation. The accusation: the organisers allegedly ignored warnings about the change in weather.
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SVOLT builds Batteries for Electric Cars in Saarland
Hard to believe, but in fact Germany is slowly but surely turning into a popular location for battery production for electric vehicles. Daimler has started manufacturing its own high-performance battery systems at its traditional Hedelfingen plant, Volkswagen is investing in the production of future-proof solid-state batteries in Salzgitter , Porsche wants to build a battery factory for high-performance cells in Tübingen, and Opel parent Stellantis plans to produce in Kaiserslautern in the future.
For no less than two Chinese companies, the prospect of local self-sufficiency for German carmakers is apparently no obstacle to realizing big plans in this country. After CATL in Thuringia, another major producer from the People’s Republic, SVOLT in Saarland, wants to invest billions in its expansion in Europe. There is talk of up to two billion euros in Saarland, while CATL is expected to invest around 1.8 billion euros. “We see some very innovative companies in Europe, but we don‘t see them as competitors, we see them as market companions,” says SVOLT’s head of Europe Kai-Uwe Wollenhaupt in an interview with China.Table. ” Healthy competition is important to drive innovation in range, fast-charging capability, sustainability and safety.”
But competition is also the reason why the prices of batteries are falling continuously. A few years ago, car manufacturers were still paying several hundred euros per kilowatt hour of power; today it’s only around 100 euros. Trend: continuing to fall. “We assume that in 2025 there will be cost parity between the conventional combustion engine and battery electric vehicles without CO2 emissions – at 65 euros per kilowatt hour then,” says Wollenhaupt. That sounds like a declaration of war for an already fiercely competitive market.