11th International Advanced Automotive Battery Conference
BERLIN, and PASADENA, CA, Jan. 21 /CNW/ - January 29th marks the 125th
anniversary of the birth of the automobile by Karl Benz. On that date
in 1886, the Mercedes-Benz namesake registered his "vehicle powered by
a gas engine" in Germany. Today Germany's automotive industry is on the
verge of a paradigm shift away from the internal combustion engine and
toward electric mobility. The market for automotive batteries in
Germany is expected to boom in the coming years. For the fifth
consecutive year, Germany Trade & Invest will be at this year's
Advanced Automotive Battery Conference in Pasadena, California, from
January 24-28, 2011.
Electric mobility in Germany is backed by over EUR 500 million in
federal funding through the National Electromobility Development Plan.
The initiative seeks to put one million electric vehicles on Germany's
roads by 2020. At the same time, industry players are also making major
contributions. Every German manufacturer will have an alternative drive
vehicle on the market this year and a full electric vehicle by 2013.
The automotive industry in Germany is the country's most important
sector in terms of revenue, accounting for EUR 263 billion in 2009. In
the field of electric mobility, there are currently eight model regions
testing the application of battery-driven mobility. Thirteen additional
locations are focusing on the smart grid infrastructure as well as
information and communications technology for electric mobility.
Partners range from carmakers like Daimler and Volkswagen to utilities,
national and federal state ministries, and renowned research
institutes. Pilot projects currently have several fleets of electric
vehicles and are already building a charging infrastructure and testing
applications including mail and cargo delivery.
Germany's automotive industry commits over EUR 21 billion annually to
research and development. Around ten new patents are registered each
day in this field. German researchers are addressing a wide range of
electric mobility topics, covering such areas as battery capacity and
light materials for auto bodies. The AUE Mobility initiative is even
actively evaluating the acoustic impact and risk potential of silent
At this year's Advanced Automotive Battery Conference, Germany Trade &
Invest's industry experts will be on hand at booth 319 to assist
interested investors looking to expand their business to Germany. These
experts assist with the entire investment process, ranging from finding
an appropriate location to partnering with established industry players
and research institutes.
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.
SOURCE Germany Trade and Invest
For further information:
Germany Trade & Invest