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Friday, March 22, 2019

Europe Must Build World’s Best Batteries To Save Jobs: German Minister


FILE PHOTO: German Economy Minister Peter Altmaier presents the national industry strategy for 2030 during a news conference in Berlin
FILE PHOTO: German Economy Minister Peter Altmaier presents the national industry strategy for 2030 during a news conference in Berlin, Germany, February 5, 2019. REUTERS/Fabrizio Bensch
March 22, 2019
BERLIN (Reuters) – German Economy Minister Peter Altmaier said Europe was under pressure in the race to set up production of battery cells for electric cars in order to keep up with China or the U.S., Tagesspiegel newspaper reported on Friday.
“We can only prevent massive job losses if we build the world’s best batteries in Europe,” Altmaier was quoted as saying.

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