We need to switch to electric or hydrogen-powered fuel-cell cars
3 April 2019 11:47 AM IST
Germany has earmarked 1 billion euros (USD 1.12 billion) to support a consortium looking to produce electric car battery cells.
Wadhera said the three-year scheme would instill tremendous confidence in the auto and component industry while taking long-term investment decisions.
Chancellor Angela Merkel said on Tuesday that Germany needed to make radical changes in the vehicle sector by switching to electric or hydrogen-powered fuel-cell cars.
Germany has earmarked 1 billion euros (USD 1.12 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries.
Next Story
