News

Germany is considering the creation of a new electric car battery consortium

FILE PHOTO of German Economy Minister, Peter Altmaier, speaking to the media in front of the Drum Tower in xi’an, China, June 19, 2019 at the latest. REUTERS/Jason Lee

BERLIN (Reuters) – The German economy ministry said on Friday in a second-European-battery-cell manufacturing consortium was discussed and preliminary agreements were expected in the autumn.

A hospital spokeswoman declined to give the names of the prospective companies will also take part, but added that German companies are playing an important role in the production of the consortia.

The German Economy Minister, Peter Altmaier, said in June that he expects that eventually, most likely with three battery cell groups.

To the German business daily Handelsblatt reported earlier on Friday that Germany had agreed in principle to eight different European countries and with a second consortium for the manufacture and recycling of batteries for cars, with an indication of Altmaier.

Report by Thomas Seythal; Editing by Edward Taylor

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular