German Automakers must invest heavily in EV Technology: Altmaier
In the latest interview with Germany’s widely circulated Bild newspaper, Economy Minister Peter Altmaier said that it is imperative for the country’s automakers to make substantial investments in electric-vehicle (EV) technology in order to keep pace with their overseas rivals.
Altmaier specifically said that high “two-digit billion amounts” must be invested by German automotive industry in electric car technology; and added that he is unable to understand why the automakers have been hesitating till now to invest in EVs.
Along with highlighting the need for German automakers to invest profoundly in electric cars in order to compete against competitors across the world, Altmaier also stressed on the need for the German automotive industry to develop battery manufacturing plants in Europe.
With regard to the government’s efforts in encouraging German automakers to make EV investments and also venture into autonomous car technology, Altmaier said that the new coalition government in the country plans to ease the burden of tax on EV drivers, support battery cell production in the country, and provide funding for research into self-driving vehicle technology.
Expressing the opinion that German automakers should strive to develop the world’s best information technology platform for self-driving cars, Altmaier said: “The first safe self-driving cars must operate with German technology.”
European authorities are promoting green vehicles and many countries have already announced their plans to phase out diesel engine powered vehicles. German automakers will need to improve their offerings in electric vehicle segment in order to compete with the changing trends in automobile sector.
In a recent report, Germany’s Süddeutsche Zeitung has disclosed that US electric vehicle manufacturer Tesla is one of the several automakers interested in joining the ongoing Ionity ‘ultra-fast’ joint electric car charging network project in Europ
In an announcement made at the 2018 Beijing Auto Show last week, Japanese automaker Toyota said that it will be launching its third electric car for the Chinese market.
Electric vehicle manufacturer Tesla Motors has updated its ‘certified pre-owned’ (used) vehicle policy this week.
Recent reports from Norway have revealed that the country’s transit operator Nobina has placed two big orders with fast-growing Chinese automobile company BYD Auto for its new electric buses.
As per recent reports, Porsche has started taking reservations with deposits for the production version of its Porsche Mission E concept car in Norway. The Mission E is scheduled for launch in 2019.
In a move which apparently underscores an effort by Porsche to gradually ramp up the marketing of its first all-electric vehicle Mission E, the automaker recently gave singer Adam Levine a chance to drive the Mission E prototype.