01. April 2020 | 10:32 CET
Daimler, dynaCERT, Tesla, Volkswagen - Electromobility threatens setback
The world stands still. Only a few vehicles are still rolling on the roads. Trucks supply the supermarkets with food and those who can, take their own car for shopping or for the way to work to avoid the risk of public transport becoming infected. However, most people currently spend most of their time at their home or home office, as it is now called. The exciting question these days is: when can the old normality finally start again? But there is also enormous uncertainty about the personal economic situation. Will your company or your employer manage to survive? The need to buy a new car in such a situation should be close to zero.
time to read:
2 minutes
by
Mario Hose
ISIN:
DE0007100000 , CA26780A1084 , US88160R1014 , DE0007664039
Author
Mario Hose
Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.
Government has new priorities
The price of petrol and diesel is at a level we have not seen for a long time. Bargain hunters will probably itch to fill up their tanks again at every price board. But full is full, because the fuel consumption is currently minimal. Business is closed and social contacts should be avoided, so where should the journey go?
Low fuel costs also do not motivate the potential buyer groups of an electric car to change over now. On the contrary. In uncertain times people cut back on spending and investment. The energy transition in mobility will probably be put on hold for the time being. The government must now ensure the survival of the entire economy, leaving no resources or capacities for subsidized experiments.
Controversial technology without added value
In recent years, German car manufacturers have increasingly become the plaything of politics. Environmental regulations that were not in line with customer requirements confronted the engineers with enormous challenges. The forced changes in mobility made only slow progress despite subsidies with taxpayers' money.
Battery cars with morally questionable cobalt and lithium from developing countries are just as unhelpful for sales as the fact that only a portion of the charging current comes from renewable energies. The environmental friendliness of battery cars is therefore controversial.
Tesla in the fight for survival
As a manufacturer of battery cars, Tesla is now heading for difficult times, as sales of this type of vehicle will be low in the near future. Whether the latest capital injection of two billion USD will be enough to survive remains to be seen.
Daimler and Volkswagen have also backed electric mobility, but they can still run on internal combustion engines - without state subsidies. Either way, the coming weeks will be a test of patience for the carmakers, because the longer the Corona Crisis and its restrictions continue, the greater the problems for the industry will be.
dynaCERT makes diesel green
The company dynaCERT has developed a hydrogen technology that can be retrofitted to diesel engines. The fuel consumption is reduced by up to 20% and the emission of pollutants is significantly lowered. A reduction of up to 88% in NOx has been measured. Emissions of particulate matter were reduced by up to 55% and of CO2 by up to 10%.
The advantage of dynaCERT is that the retrofit market for used vehicles is many times larger than for new vehicles. For this reason, the Corona Crisis is not expected to have a lasting negative impact on the company. Customers who want to achieve a competitive advantage by saving fuel and at the same time protect the environment can achieve this with their existing diesel vehicle and the HydraGEN device from dynaCERT.
