Showing results for "Salzgitter"
industries
VW Postpones Battery Unit Stake Sale, IPO Plan as EV Uptake CoolsVolkswagen AG is pushing back plans to seek outside investors for its battery unit after slower demand for electric vehicles dims prospects for the business, with the industry facing an increasingly daunting reality in the EV transition.January 30, 2024
green
Carmakers Are Buying ‘Green Steel’ That’s Far From Carbon-FreeCarmakers and steelmakers are sealing deals for green steel, and using them to tout their environmental credentials. The trouble is, the steel is still being forged using fossil-fuels and it’s not clear how soon that can change.October 2, 2023
technology
Underground Tangle of German Wires Drags $1 Trillion Green PushDiggers trying to identify the tangle of wires beneath a street in western Germany had to take a bureaucratic trip back to the Third Reich — the last time anyone drew a subterranean schematic. Today, that inertia is hindering a $1 trillion push to build renewable power sources.May 6, 2023
green
Germany Fights to Green Production of Most Important CommodityIn Germany’s industrial heartland, a slender spire of tubes rises amid a cluster of smoke-belching foundries. Owned by Salzgitter AG, Germany’s second-largest steelmaker, the installation is an ambitious attempt to revolutionize the steelmaking process, and ultimately, secure a critical piece of the country’s economy.April 22, 2023
politics
EV Incentives: Canada Matched Biden Subsidies to Win Volkswagen Battery PlantPrime Minister Justin Trudeau’s government agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land a Volkswagen AG electric-vehicle battery plant, the company’s first outside Europe.April 20, 2023
green
Threat of Hydrogen Greenwashing Stalks Europe’s Net Zero PlansEuropean utilities are pushing to build power plants that would burn natural gas now and then be switched to burn clean hydrogen down the road. But the technology they’re depending on wastes energy and opens the door for accusations of greenwashing.April 1, 2023