Daimler is doubling the pace of its electric strategy. The problem: this makes the Stuttgart-based manufacturer more dependent than ever on the reliable procurement of high-quality battery cells. Can Daimler's Chinese partner Farasis deliver as promised? The company apparently has its doubts – and has now announced the construction of its own gigafactories.
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It's a bit reminiscent of the rejection of the manuscript for Harry Potter by numerous publishers: When Xi Jinping wanted to join the Chinese Communist Party in the early 1970s, officials rejected his application for political reasons. Later, he had to cheat his way into university because he was not to be given a spot initially. An autobiography by the future head of state allows for fascinating insights into this time – and partly explains his way of thinking.
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China's car exports are growing rapidly – and not only in poorer nations. More and more manufacturers are entering the export business. Vehicles are pouring from the People's Republic into all corners of the world. Especially with electric cars, Chinese brands are pushing into new markets, such as Europe. For Chinese manufacturers, this poses new challenges, because the European market has its very own pitfalls.
By Christiane Kuehl
