Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
2023 01 10T190621Z 2 LYNXMPEJ090PF RTROPTP 4 GERMANY AUTOS | Business Express
FILE PHOTO: German Chancellor Olaf Scholz speaks during a ceremony at German carmaker Volkswagen's first battery cell production plant 'SalzGiga' in Salzgitter, Germany, July 7, 2022. REUTERS/Fabrizio Bensch/File Photo

German chancellor meets auto, battery bosses in ‘mobility’ summit

By Victoria Waldersee and Andreas Rinke

BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt met the German chancellor and cabinet ministers on Tuesday to discuss topics from European law on vehicle emissions to energy prices, according to two participants.

The annual summit was formerly only for carmakers but was this time dubbed a “mobility” summit, with the broader focus signalled by Northvolt’s presence on the guestlist for the first time.

Tesla, was not on the first draft of the guest list shared with participants but was present, according to a participant, alongside German carmakers Volkswagen, BMW, Mercedes-Benz and Opel.

Associations, including cyclist club ADFC and rail association “Allianz pro Schiene”, criticised the summit as still too car-focused. “It’s a new label with the same content,” Dirk Flege of Allianz pro Schiene said in a statement.

While the agenda items ranged widely from car connectivity to supply chain resilience, the topics discussed in most depth were Euro 7 legislation on car emissions standards – which carmakers criticise as diverting their focus from electrification – and lower energy prices for industry, according to one of the participants.

German chancellor Olaf Scholz, Economy Minister Robert Habeck, Transport Minister Volker Wissing and Labour Minister Hubertus Heil were among those present from the government, the other participant said. Both asked not to be named.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

The car sector clashed late last year with the coalition government over how Germany should relate to China as car business leaders are concerned the coalition would put its ties with the country at risk.

In a statement following the meeting, the chancellery said “one-sided dependencies on individual suppliers or sales markets can become a risk to economic performance and growth”.

Participants said the meeting should take place more frequently, the statement said, and “will continue to work closely together on topics such as raw material supply, battery cell production and semiconductor production to make Germany and Europe even more resilient.”


(Reporting by Victoria Waldersee, Andreas Rinke, Tom Sims; editing by Barbara Lewis)


Recent Post: