The Federal Government and trade unions are therefore worried...

First 2 Last

Share
Profile

Follow
there-is-no-try

808 Posts.

1

19/09/18

08:53

Post #: 35687492
Share

Originally posted by greenende ↑

Some interesting news:

Batterycell production to be established in Germany. I think lately (from September) also the stock market is slowy getting more active in Germany, roughtly 200.000 shares traded per day. Who knows, scalable EcoGraf might be at the right time in the right place.

http://www.faz.net/aktuell/wirtscha...zellen-fabrik-in-deutschland-an-15794767.html

or translated (google)

In order to compete with Asia, a battery cell factory is to be built in Germany. "We will open a battery cell production in Germany," said Federal Minister of Economics Peter Altmaier (CDU) on Tuesday after a meeting with EU Energy Commissioner Maros Sefcovic in Brussels. Details he did not announce. "But we are in the middle of the preparations."
Due to the growing number of electric cars in Europe, the demand for batteries and battery cells will increase in the coming years. Germany is also aiming for battery cell production of the new generation. This requires a consortium of private companies.
At present, VW, Daimler and BMW buy cells in Asia and then build them themselves to big batteries for their electric cars together. The Federal Government and trade unions are therefore worried about over-reliance on Asian suppliers and have been pressing for some time for a national or at least European solution. In July, the Chinese manufacturer CATL announced that it would build one of the largest battery cell factories for electric cars in Erfurt. Where the exactly by Altmaier driven battery cell manufacturing is to be created, said the CDU politician not. At a meeting in Berlin in November, the project should be taken forward, he said.
The Tagesspiegel reported last week on a billion-dollar project from Altmaier's ministry in Lusatia. According to the newspaper, the Ministry of Economic Affairs is considering building a battery-cell factory there with Poland and providing a billion euros.

Expand

The Federal Government and trade unions are therefore worried about over-reliance on Asian suppliers and have been pressing for some time for a national or at least European solution.

So if they are worried about supply chain, where do you think they will get their GRAPHITE for these battery cells ?? Do you think they would like some control/surety over the supply chain ??

KNL Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

ASR

Olympio pawns off Mulwarrie for $1.4M ahead of Dufay campaign in Quebec

DXI

Killi finds large mineralised system at Kaa prospect

There are more pages in this discussion • 15 more messages in this thread...

First 2 Last

Add KNL (ASX) to my watchlist

The Federal Government and trade unions are therefore worried...

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Olympio pawns off Mulwarrie for $1.4M ahead of Dufay campaign in Quebec

Killi finds large mineralised system at Kaa prospect

Featured News