tv Business Deutsche Welle February 21, 2020 7:30am-7:45am CET
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yes reward system to coerce allegiance to the regime. those who don't make it into the fun metropolis are often taking on top 3. have fun in pyongyang starts feb 28th on t.w. . tesla gets the green light and a course says the electric car maker can continue clearing trees from the site of its plant gigafactory near broke also on the program the economic contagion spreads vietnam has had only a handful of coronavirus cases but measures to contain covert nineteen's are taking their toll. on for scoble and roland it is good to have you with us tesla has got the go ahead a court in germany has ruled that forest clearing for the new factory for the
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carmaker can continue and are mentalists had blocked the corps the works in court saying that the public had not been properly consulted the gigafactory site is located just outside of berlin and will be tesla's 1st in europe production is set to begin in 2021 with a starting capacity of $150000.00 and next week vehicles per year. for i just take a closer look at the story with the ends my month from the european school of management and technology in berlin yes you've done extensive research on the mobility and the convergence of energy and transport it is good to have you on the program the announcement that tesla's to set up shop in germany has energized the whole region is considered has been labeled by many as a flagship project as a sort of. beacon project of industrial manufacturing do you agree yes in many aspects. one hand we do have
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a trigger effect for the burden ecosystem for mobility we have a lot of manufacturing activities that i was fishing and tesla has always been appealing in trying to establish a completely new type of automobile it's a copy of the computer but it's more like a computer with 4 wheels even though even though if you look at the at the production volumes they're just a fraction of what other car makers are putting on the market annually it has a massive 2nd and inning effect what kompany has been doing because they have been able to conquer certain premium market segments that hot off the sweater g.'s of people in common of factories in germany and all of a sudden this is competitor coming out of the blue that is just taking a massive market share right so what exactly is it that is having an advantage here is it just the fact that it's it has these eat pollard cars that its cars run on
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electricity where there are others don't but i think there's a legacy effect with the german common affection as they have been using the german o.e.m.'s the service companies and manufacturers that are producing individual components and they have been putting these cars together so at the moment what happens when you want to digitalize that it's the same thing that they're using software from all over the place and they're trying to combine it with tesla has some sort of unified strategy to get almost all the software being done in-house so it's a much more consistent system business complexity that this that fishing ok now where does this leave the german carmakers basically their new big rival is setting up shop right on their own turf is that more of a threat or more of a chance i think the german common affection and good track to catch up maybe there were some weaknesses in the beginning with the 1st models that are released but they are very. in learning and investing billions literally. to make these electric
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vehicles. comparable to tesla however way i see the biggest fia for the german car industry is not the big ones it's rather these small and medium sized o.e.m.'s the middle and that are producing individual components but if all combustion turbines. bust and gins and that is a they will have a problem yes vironment of the european school of management and technology thank you for your visit this morning now work for the tesla factory outside of berlin is just beginning but already an array of other companies are pinning their hopes on the e-car maker they predict a tesla production site could create a whole ecosystem for them to thrive in and give the east of germany which has for decades seen industrial manufacturing decline a boost on top of that. just a few more batteries to build and then that's it for the next few days there's
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a dip in production at tess fulton brandenberg a supply a con keep up deliveries of the require attack the company is feeling the downside of the emo billet a boom empty shelves in the warehouse where crates would usually be piled up high the boss of the battery producer says such a production bottleneck is nothing new the industry is booming that's why found as he mentioned it has doubled his staff each year he's even considering building more space no problem has the land prices in the east of germany a solo. it was a start up not really where a start up so of course costs play a huge role we also have a location here with 4000 square meters of pure production and warehouse space that's a key reason why we set up shop here record 4 wheels off because it without a single square metre of building plot costs around $70.00 euro's and brandenburg in the south of germany companies can expect to pay $420.00 euros or more since
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tesla announced its gigafactory the area is beginning to look like a key location for europe's the mobility revolution but who's profiting from who is listening to big this hasn't all popped up because of tesla but rather tesla came to brandenberg next to berlin because all the startups are in the area there are people who can be trained there that would be of mutual advantage each side benefiting from the other that would be a positive. if the tech startup and the energy could get inspiration from its new neighbor tesla here in the production hole ideas a forged into prototypes after many hours of design work by engineers at charging station that makes elektra city out of biofuel the bosses are already looking forward to the top dog moving in next door. your cool it's amazing it's given the area a huge uplift. and above all you notice it in brandenburg things are
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moving forward here the uplift in east germany is finally taking place but. the engineers want to bring their 1st charging stations into production in 2021 now that tesla has the go ahead to clear space for its gigafactory the route is clear for the 2 neighbors to launch production at around the same time. the present gold has hit a 7 year high as investors flock to safe haven assets amid continuing coronavirus fears last year the gold. has increased by almost 20 percent and has continued to surge in the early months of 2020 not least because of anxiety over the outbreak in time meanwhile asian stocks have fallen sharply with the yen hitting a 10 month note. for some more analysis that's close over to frankfurt and our financial correspondent conrad booze and conrad so the price of gold surging the
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u.s. dollar also a winner today tell us more. yes you can feel it chris investors are nervous searching for investments which are considered safe and currency traders in particular at the moment are very busy because with the global reserve currency something is happening that at the beginning of this year very few strategist has strategists had reckoned with you know after this china usa deal this phase one deal the scenario was that for sure the dollar would go weaker because asian economies would benefit from this deal immediately but now the contrary is happening the japanese yen is falling because of fear of recession in the country think euro is falling as well which has a lot to do with germany's strong dependency on business with china. the government in beijing has changed the rules of how to count the coronavirus cases what are we
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to make of that. well it's not really helpful you know this is in about a week the 2nd time that the government in china is changing the criteria according to which cases of corona virus are confirmed now it's being deferred differentiated between suspected cases and confirmed cases and cases are only confirmed if genetic testing has happened a very long and tedious process which often produces wrong results you know chris i talked to a trader here in frankfurt this morning morning who told me that trust is a currency as well and the chinese government at the moment is doing a lot to devaluate this currency cannot who's in frankfurt thank you now the coronavirus is taking its toll on the global economy as demand for goods and services the kinds of china one of the many industries affected are airlines which have been forced to cancel flights to the country now the international air
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transport association says carriers in the asia pacific region could lose some $27800000000.00 because of the outbreak those hit hardest are chinese carriers but if we broaden out and look at airlines globally that figure rises to know he 30000000000 dollars and that's not all yacht to us as it's figures only apply if the center of the outbreak stays in china you have to says the virus on thursday if it spreads more widely to asia pacific markets that impact on airlines from other regions would be larger the likes of quantas have suspended flights to china as has air france scale ambush warns losses from the virus up until april could be as high as 200000000 euros and the impact isn't just being felt by those who get in and out of china by air those who rely on land crossings into the country are also facing disruption. hundreds of trucks wait patiently to enter
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china in the northern vietnamese province of lang's on your thora here have just reopened one of the main border crossings the green light for hundreds of tons of goods that were stuck here for weeks. the outbreak has affected as badly since the lunar new year most drivers have stayed at home. some of the trucks have been held up here for more than a month so the goods have gone bad and spoiled overall it's hit us hard. close the checks on the trucks and drivers by customs are aimed at preventing the covert 19 virus from spreading any further the trucks are also sprayed with disinfectant and even though beijing says the rate of infection is going down in china the world health organization hasn't given any hint of an all clear. the.
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decline in confirmed cases. but this is no time for complacency despite all the extra measures the vietnamese can only hope that none of the trucks inadvertently smuggles the virus back across the border when they return from china. and that's also more background information you're going to find out our website at the w. dot com. thanks. w's
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the final story. with exclusive access to a must see concerning sharks culture to europe just. curious minds. do it yourself networkers blocks so for subscribers don't miss out. hello and welcome to us and culture the big culture story today is of course the opening of the belly not of the berlin film festival but this is being overshadowed by this terrible event in the city of how now near frankfurt's a suspected far right extremist carried out an attack on to hook up boswell have a clear and tell from lots of different cultures now this is also being seen as an attack on our culture in germany and there was
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a minute's silence before the premiere of the 1st film at the betty nada i've also been various reactions from people in the arts world including here one from the pinnace ego levitt who self has been the subject of right wing extremism in the past he expressed a mixture of grief and rage and wrote at this moment every single one of my thoughts goes out to the victims of the terrorist attack of how now as well as their relatives i feel the deepest sorrow and speechlessness my rage at the perpetrator and those who paved the way for him in palomas blogs and media will come later just one of many reactions but we do move on now to the film fest of.
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