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No Critical Questions Asked In Berlin

No Critical Questions Asked In Berlin

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Minister A. Dobrindt

During the NIP year-end conference by the German federal transportation ministry BMVI last Dec. 14 in Berlin, attendees seemed to be listening to a unique “success story”: EUR 700 million in incentives, almost 700 projects and around 500 industry partners for R&D and market preparation from 2006 through 2016. The program’s successes were presented by Germany’s transport minister, Alexander Dobrindt, and several managers of central NIP projects during two half days (more…)

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Charging Infrastructure Underway

Charging Infrastructure Underway

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Which plug should it be? Combo, Type 2 or CHAdeMO?

Was that the signal so many had waited for? On Nov. 29, 2016, BMW, Daimler, Ford and Volkswagen announced the establishment of a joint venture in the electric transportation sector. They explained in a memorandum of understanding that they would join forces and equally share responsibilities for advocating the deployment of a “high-powered DC charging network for battery-electric vehicles covering long-distance travel routes in Europe.” (more…)

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Tesla: Another US$ 750 Million Capital Increase

Tesla: Another US$ 750 Million Capital Increase

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Tesla Model X

A capital increase again: around US$ 750 million going to Tesla. Whether this will help provide the cash needed to build the Gigafactory for batteries – which is said to cost up to US$ 5 billion – seems doubtful. The increase also left a bitter aftertaste, as Morgan Stanley was the underwriter (placed the shares) of the “spontaneous” capital increase and, at the same time, a new study (more…)

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H2 Mobility Joint Venture Established

H2 Mobility Joint Venture Established

H2-MobilityOn the basis of the H2 Mobility initiative which was established in September 2009 – as previously announced – a joint venture has been initiated. At the end of 2014, the partners Air Liquide, Daimler, Linde, OMV, Shell and Total completed the final steps required to establish the company H2 Mobility Deutschland GmbH & Co. KG. (more…)