Sales of electric cars in Germany have been disappointing. The government is discussing providing subsidies to stimulate sales. But better batteries and shorter charging times may be the solution.
German premium car manufacturer BMW has announced it will spend hundreds of millions of euros on a new battery cell competence center. The company wants to have more options should e-cars hit the mass market.
A group of mainly German carmakers has launched a joint venture to build a network of fast charging stations for electric vehicles to support a drive to boost sales of environment-friendly cars across Europe.
Strong vehicle sales in the world's most important car market have been essential in enabling German carmakers to end their third quarters on a positive note. Their dependence on China is expected to increase further.
It hasn’t been the best week for BMW. On Thursday, South Korea said it was fining the company for flouting emission rules and on Friday, a Swiss court confirmed a fine of $158 million for breaking competition laws.
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