Alex Profile picture
3 Feb, 4 tweets, 1 min read
🇩🇪 Giga Berlin

Some wonder that Tesla get funding although its not a European company

Economy Minister Altmaier

"More than two-thirds of our funding goes to companies that have always been here and are producing"
Altmaier continues

"But - and this is the basis of my discussions with Elon Musk, which take place annually"

"the principle of equal treatment, that is respected"
Federal Minister Altmaier

"Companies like CATL didn't get a contract because they couldn't demonstrate that they were bringing research and development activities to Europe. And that this project is innovative,"

"Tesla could do that"
The EU, Minister Altmaier said, does not want with regards to battery and future technology to become the extended workbench of the USA & China

"That is why the investment decision for Tesla was not taken by Germany alone, but in a framework of aid from the European Commission"

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More from @alex_avoigt

4 Feb
And so it starts:

VW CEO Herbert Diess

"If we want to remain independent, we have to develop software in the car ourselves"
Herbert Diess continued

"not handing over the 'brains' of the car to the big tech players."

In-house bits and bytes are "the most important project in the next five, ten years"
"If we want to retain our independence ... we have to be able to develop the software in the car ourselves"

"This is the only way for us to guarantee long-term success."

"This is by far the most important project for this Group in the next five, probably ten years.
Read 12 tweets
4 Feb
Cumulated Innovation power in 🔋Tecnology 2012-2020
Source: CAM Image
CAM calculates the battery innovation strength with an index value. Innovations in e-mobility in series production are evaluated in the areas of range, consumption, and charging performance.

While VW improved by 37 index points, Tesla by 45

Tesla innovates faster than anybody!
Daimler and BMW with rank 11 and 13 are losing contact to top innovators and with that will lose their market position

Lagging behind in 🔋 innovation is the beginning of the end
Read 5 tweets
3 Feb
And so it starts ...

Daimler IPOs the truck business until the end of 2021

Two fully independent companies appear

Cashing out💲 and mitigating the risk of an ICE business with no future when the Semi hits

CEO Källenius " a historic moment"
Head of Daimler Supervisory Board, Bischoff

"The benefits of splitting are obvious,"

"Capital markets" would "appreciate the opportunity to invest in more clearly focused 'pure-play' companies."
manager-magazin.de/finanzen/boers…
CEO Källenius

"Mercedes-Benz is the most valuable luxury car brand" 🤨

"Daimler Truck provides customers with a variety of industry-leading transportation solutions and services."
Read 6 tweets
1 Feb
VW Software issues remain not only with BEVs but also with ICE vehicles

56k of the new Golf 8 are called back

8 severe issues are reported

Infotainment, Navigation, Display, Backward Camera, AC a.o.
Osterloh about the Golf

"Order volume is there"

"When semiconductor replenishment starts working again and the drop in Corona numbers leads to showrooms reopening, we'll talk about making up volume (we lost due to part shortages) via extra shifts"
It looks like BEVs are not as high in demand as VW claims them to be

Osterloh

"With the Golf in particular, we have the highest order backlog in the entire Group. We have a three-month order range."
automobilwoche.de/article/202102…
Read 4 tweets
28 Jan
Rumor: Byton is history

Byton's CEO the former BMW manager Daniel Kirchert has according to media reports fled to Hong Kong and is the subject of an arrest warrant issued by the Munich public prosecutor's office for delaying insolvency proceedings
Byton (is) 4 years in business and has not sold a single-vehicle

60k pre-orders have been made according to Kirchert for the M-Byte and the planned production start was in autumn 2020

Salaries hasn't been paid since month to the 70 employees in Germany
The Munich I public prosecutor's office is also said to have issued a warrant for Kirchert's arrest on charges of delaying insolvency proceedings

Byton offices are empty

Rumor is Kirchert has vanished with his family to Hongkong
businessinsider.de/wirtschaft/mob…
Read 4 tweets
27 Jan
A demand driving interior for the Model S
Luxurious and a screen for the kids
New S Plaid - You can't argue taste and I like it
Read 4 tweets

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