DGWA Position: The German automotive industry in the raw material trap

2018-09-04T09:02:38+08:00September 4th, 2018|Position Statement|

At this year’s BDI Raw Materials Congress in the course of a panel discussion on the topic of raw material purchasing, the representative of a large German car manufacturer said that they “have been buying raw materials for over 120 years”, so they know exactly what they are doing and merely because of their size, they are in a comfortable situation and have a lot of insight over both supply and demand (of battery metals).

“It is not too late yet“ – VW-boss Diess laments the

great dependence on Asia in battery cell technology

Position Statement provided by:
Stefan Müller
CEO
DGWA – Deutsche Gesellschaft für Wertpapieranalyse GmbH
Kaiserhofstraße 13
D-60313 Frankfurt am Main
E-Mail: info@DGWA.org
Web: www.DGWA.org

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