Cadmus Acquires Hamburg-based Communications Agency RaikeSchwertner
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The European Commission’s Fit for 55 package will rapidly tighten emission standards for cars, effectively banning the sale of vehicles fitted with internal combustion engines by 2035. German carmakers had preempted the move, but parts suppliers and employees are worried. “This is hostile to innovation and the opposite of technology-neutral,” said Hildegard Müller, president of the powerful German automotive manufacturer association VDA, adding that the impacts on jobs in the industry would be significant. Her reaction to the Commision proposal lays bare the differing interests the V...
Germany reaches target of 1 million electric cars on its roads PUBLISHED BY Germany will have 1 million electric cars on the roads this July, though six months later than its set date, according to the country’s Economy Minister Peter Altmaier. ” We will reach our target of 1 million electric cars by 2020, which everyone thought was unattainable, this July, just six months late,” the minister said, reports Reuters. “More bonuses have been taken up in the first half of 2021 than in the whole of last year,” he added, saying they amounted to 1.25 billion euros. He was referring to the...