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Following the insolvency of Streetscooter company B-ON, Bonn-based postal group DHL does not see its electrification course in jeopardy. It has already been purchasing e-vehicles from various...
Several trade unions in Germany warn of the severe consequences of soaring energy costs in the country, saying hundreds of thousands of jobs are at risk due to high electricity prices exceeding international standards.
Global supply chain bottlenecks yesterday forced the German government to downgrade its growth forecast for this year, as it prepares to hand over the reins of a sputtering economy to the next coalition. Supply chain disruptions and shortages of raw materials, including plastics, metals and paper, have choked off the recovery from the effects of the COVID-19 pandemic in Europe’s top economy. As a result, the government cut its forecast for GDP growth this year from 3.5 percent to 2.6 percent, German Minister of Economic Affairs and Energy Peter Altmaier told public broadcaster ZDF. “It wi...