source agencies
German Chancellor Olaf Scholz expressed his belief that his country is well prepared for the transformation of the auto industry.
“We have the best opportunities to participate in the future,” said Scholz, following a visit to the auto supply company “ZF” in the German city of Friedrichshafen, today, Saturday. We will move forward here with great confidence,” he said, adding that technological transformation is not a threat, but a new horizon.
During the tour, the company’s CEO, Wolf-Henisch Scheider, briefed the consultant on the transformation of his group, which is now one of the leading manufacturers of electric motors.
According to Al-German, Scheider said that the demand for electric motors will be estimated at regarding 25 billion euros by 2030. The company also produces gears for wind power plants since 2007.
The chancellor commented that we must move forward boldly “when it comes to dealing with the future tasks of our country,” adding, “It will still be possible with technology from Germany.”