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german carmakers left reliant on others for battery cells - li ion battery cell

german carmakers left reliant on others for battery cells  -  li ion battery cell

MUNICH (Reuters)-
A Chinese company's plan to set up a battery factory in Germany should be a wake-up call for the nation's auto industry, which is likely to be exposed in the dawn era of electric vehicles due to its lack of production capacity.
Chinese Premier Li Keqiang is expected to attend the signing ceremony of the summit of Contemporary Amperex Technology Co. , Ltd. in Berlin on Monday (CATL)
Build the factory in the eastern state of turlingen
BMW has awarded a contract worth more than 1 billion euros. $1. 2 billion)
CATL makes batteries for electric vehicles, while Volkswagen (VOWG_p. DE)
Samsung and LG Chem from CATL and South Korea have been selected to provide $25 billion worth of batteries.
Tesla founder Elon Musk also talked about finding a "Gigabit battery" near Franco"
The German border, near its Grohman engineering division, has built a production line for Tesla's Nevada plant.
"If we want to have a German battery industry, then that's a warning," said Joern Neuhausen, an automotive industry expert at arm Strategy & PwC Consulting . ".
German automakers have been advocating a shift to greener driving after the 2015 diesel door scandal exposed their long-standing profit dependence on the dark side of the internal combustion engine.
Volkswagen last year called on the automobile industry in Germany and Europe to hire 12 employees.
6 million workers in charge of battery production.
Industry experts expect the mobile revolution to drive the European battery market to 250 billion euros by 2025.
Analysts have formed similarities with the semiconductor industry, where as storage chips used in computers and mobile phones become more popular, players in Europe are losing --
Goods produced and low
Asian producers are beginning to dominate the market.
However, chip makers in Europe have not been completely eliminated.
With the help of state assistancea lead in high-
Performance chips for industrial and electric power
Management applications such as electric vehicles, trains, wind turbines, or computer server farms.
"When you talk about silicon chips for cars, it's not standard products, it's professional applications," said Elmar Kades of AlixPartners, a management consultant . ".
"This is a good business.
"Robert Bosch is building a new factory in" Silicon Saxony "in eastern Germany to make chips for the automotive and industrial" internet of things.
As a leading supplier in the automotive industry, the private holding company chose not to produce lithium
Ion batteries say the fifth market in Europe will require an investment of 20 billion euros by 2030.
Industry insiders said that the real value lies in battery packaging --
Or combine cells to make them work efficiently.
Maximize the driving distance and charging speed of electric vehicles.
Peter Cammerer, a member of the BMW engineering committee, said: "There is absolutely no point in chasing today's technology . ".
Cammerer has urged the automotive industry to "post-
The lithium era "will work together to focus on promising sodiumor magnesium-
Ion battery technologyBattery-
Grade sodium salt is richer than lithium, while magnesium is likely to be used in solids-
State battery-
May be more efficient.
"It's time," says Cammerer . ".

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