If Germany leverages its wealth, industrial prowess and infrastructure toward clean-energy transition, it would mark a major advance in the global climate fight
Along the way, the products may become more efficient and affordable here – and in other markets where demand isn’t yet as high.But that may have a silver lining of helping companies that offer cheaper technologies for managing energy use.
An installation in the showroom of Bosch Thermotechnik demonstrates the integration of an EV charging station, photovoltaic panels, a heat pump and other electric units for an 'electric and intelligent' home.Mr. Bouten nevertheless laments that the adoption of such technologies has been slowed by governments failing until recently to prioritize energy-efficiency policy.
He’s referring to the government’s perspective. But it may also apply to some of the private-sector companies around which Germany’s economy revolves. Now, the largest German automaker, the Volkswagen Group is testing how hard and how quickly it can pivot. A Volkswagen model ID. 4 EV moves through the production line, in Zwickau, Germany, in Sept. 2020. Volkswagen is taking a bigger leap than its German rivals by launching its own battery division, rather than partnering with Asian battery makers.If the gambit succeeds, it will also spawn new operations overseas. That’s of particular interest to Canada, whereIn total, Volkswagen plans to spend more than €20-billion on battery manufacturing.
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