This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Germany Accelerates Implementation Of Emobility Infrastructure

BERLIN and LOS ANGELES, May 6, 2012 /PRNewswire/ --

While global sales of German autos are outpacing the competition, significant efforts are underway to expand the emobility infrastructure in Germany. Several projects now support the implementation of alternative drivetrain concepts. Four new model regions were recently selected by the federal government. In total they will be granted up to 235 million dollars to implement pilot and demonstration projects to showcase cutting-edge technology.

"From suppliers to manufacturers to researchers, Germany's automotive industry is drawing companies from all over the world. Not only can businesses serve the largest market in Europe, they can also gain a first-mover advantage in areas like emobility and fuel efficiency, while finding an excellent infrastructure," said Emilio Brahmst, automotive industry expert at Germany Trade & Invest in Chicago.

The education system in Germany also supports new developments in the auto sector. Universities, research institutes and companies work together on the latest innovations. At the same time, the so-called dual education system emphasizes trades that are critical to the sector. The city of Hanover, for example, launched an apprentice program last month to teach its 1260 students alternative drivetrain technologies.

"The auto industry is the hallmark of German innovation. Nearly 40 percent of companies conducting research in Germany are from the USA, many of them in this sector. In the current environment, we see excellent opportunities for companies to invest," continued Brahmst.

Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.

Germany Trade & Invest Andreas Bilfinger Email: T: +49(0)30 200099-173 F: +49(0)30 200099-511

SOURCE Germany Trade and Invest

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community


Chart of I:DJI
DOW 17,514.98 -174.88 -0.99%
S&P 500 2,088.37 -15.47 -0.74%
NASDAQ 5,088.0780 -40.2030 -0.78%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs