October 9th, 2020 | 12:27 CEST
NEL ASA, Tesla, dynaCERT: A lot is happening in the automotive sector
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Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.
NEL ASA - If not Nikola, then in the Netherlands
The Norwegian hydrogen company NEL ASA recently had to struggle with the loss of the Nikola orders, and now they are expanding in the Netherlands. A subsidiary of NEL has received a new order from the Danish hydrogen company Everfuel. According to the press release, the charge is for a hydrogen filling station for filling emission-free hydrogen buses in the Netherlands.
The order is the second NEL has received from Everfuel, which is primarily committed to equipping heavy commercial vehicles, buses, and passenger cars with the new electrolysis technology. The order is worth around EUR 1.6 million to NEL, and an operation date is set for the end of 2021. The topic of hydrogen is taking on more and more shape in local transport lines.
TESLA - Acquisitions in Germany secure local jobs
After the purchase of the Grohmann company in the Eifel in 2016, the Californian e-shooting star Tesla is interested in a second Rhineland-Palatinate company. The Federal Cartel Office has now been notified of the acquisition of control of the Neuwied-based automotive supplier ATW, as confirmed by the responsible authorities in Bonn on Thursday. ATW and Grohmann did not comment on this, and Tesla did not respond to an inquiry for the time being, but several media have already reported on it.
Assembly & Test Europe GmbH (ATW) is owned by the Canadian manufacturer, Automation Tooling Systems (ATS). Surprisingly, one month ago, the Canadian Company announced the closure of its site in Rhineland-Palatinate. Tech-billionaire Elon Musk, who is also building a vast factory in Grünheide near Berlin, would thus save jobs again, this time at the Neuwieder automotive supplier, ATW. Sometimes you can call Elon a dreamer, but the rescue of the Old German Economy seems to be close to his heart. We say thank you!
dynaCERT - Canadian high-tech forge remains in vogue
dynaCERT takes small steps, but you float along on the hydrogen wave. Imagine that local authorities have the task of making existing traffic more environmentally friendly through the wish of the population. The situation needs to be exact when it comes to new purchases where every chamberlain can set limits and issue permits according to the latest requirements. For old vehicles, the legal side is more challenging. According to the old law, operating licenses issued in the previous few years cannot be revoked so easily.
Nevertheless, older bus and logistics fleets can be put under a time constraint by law to reduce CO2 emissions by a certain percentage. Whoever is faster receives a tax cleanliness bonus, whoever takes longer pays more indirectly. Since local authorities have been facing chronic budget shortages for years, many older fleets, for example, the yellow school buses or urban public transport, will presumably be able to extend their service life by upgrading accordingly.
Here is where dynaCERT comes into play. The company's HydraGEN (TM), Carbon Emission Reduction Technology, costs an affordable price to install and results in fuel savings of up to 19%. For authorities, which cannot bring themselves to large new investments, these hydrogen-based additional devices are in attainable proximity. After all, what is essential for public opinion to be successful? Raise the flag during the Greta demonstration on Fridays and announce loudly: "We do something, and we do it with dynaCERT - a small investment, but a big effect for the environment!" - this is how politics works. The technology of dynaCERT remains thus en vogue. The share is for speculative investors at present to have for approx. CAD 0.63.
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