berlin, here's a quick reminder of the top story we're following for you at this hour. meeting of the g. 20 group of leaving nations is ended in disagreement over the war, new frame on the sidelines, u. s. secretary of state antony blinking, and his russian counterpart, sergey lovegrove met briefly for the 1st time since the war began. and you're up to date, stay tuned up next christy plants and as your business update, tesla promise to cut costs. but there's still no sign of the car maker producing an affordable lectric model until the berlin, thanks for tuning in. ah, germany, a winning offer is available worldwide. and for every language leveled, learning german has never been simpler. german to go. mm

hm. with ah, ah, tesla tics off investors, electric car maker says it will cut production costs in half, but i promised affordable model is still nowhere to be seen. also on the show, constant attacks from russia have weakened ukraine's energy. so now keith is

calling for a new strategy to help protect its grid, will hear how the us plans to help us ally keep the lights on. also, on our show, india's growing footwear market means more waste on the back end. but one business has found a more sustainable approach. welcome back to another dw business, i'm christy plants and coming to you from berlin. electric car maker tesla ames to cut vehicle assembly costs by half in future generations of cars. c o elan mosque has said, but at the company's investor day must disappointed when he failed to unveil a compact affordable model. the highly anticipated vehicle is part of teslas strategy to capture the mass market. increasing sales volume is key to bringing down prices for consumers. musk said he added that many people would like to own a tesla, but they can't afford one or to get a market response to this news. let's bring an gens corta on wall street yann's

exactly how disappointed were investors that this new model wasn't and build? well, i mean we got a lot of vision but not so many specifics. and that's basically why the stock of tesla last about the 6 percent in value. having that set the stock and has been up about 90 percent so far this year after the stock on the other side. got pretty much sherman, hampered last year when my oldest had trouble with said twitter selling a test, let's talk and also some other issues. so yes, there was a disappointment on wall street, but that meant that that the talk was quite a bit so far this year. so you could sell say a buy on the rumor, sell on the facts. so that's what happened here in the thursday session with the stock off test up. all right, so not such a bad response. now tests also said they want to be producing $20000000.00 vehicles

a year by 2030. that is 10 times their current production capacity. i mean with demand down right now, how realistic is that goal? it definitely is quite a goal. and to put those 20000000 cars into perspective from last year, toyota was the number one car company on the planet selling about 10000000 we killed so. so test love wants to achieve double that figure. one thing is clear. if tesla wants to get close to those said 20 millions, they would need more effectively than the ones that they have right now. and in the united states and china and in germany to test a did announce that they will be opening a new gig factory and mexico that might be ready in about 2 years. so. so a test lead south that saying it to achieve this goal of $20000000.00 vehicles that they might need to invest about $150000000000.00. so we really have to wait and see if that is achievable. but then again, i mean,

you grow with your goals and core to in new york. thanks for that. while moving on to ukraine, which is braving a tough cold. and sometimes dark winter after russia repeatedly attacked power stations and other energy infrastructure, millions have been impacted by disrupted supplies of water heating and electricity . yet ukraine's energy sector has persevered. its grid is stabilizing energy provider cochran air. go said there's been no power deficit in ukraine for the last 18 days, but russia's constant tax are threatening the surviving energy infrastructure. now, ukraine's minister of energy was in zagreb to meet with several european counterparts to discuss efforts to strengthen ukraine and europe's energy security . and also shows of course, renewables and we could sink about solar 1st wind, of course, and that is also the ah,

solution for greek decentralization of the generation sued and even from the military threats for russians. if we could imagine that the next winter was still will be in war and they could detect us again, them in the energy sector again and again. ah, it's very hot to target so many so many facilities around the country, even when they could use missiles or to talk to us more about energy support for ukraine. i'm joined now by the u. s. assistant secretary of state for energy resources jeffrey piatt in washington. jeffrey, thanks for joining me. ukraine's energy infrastructure. it has a proven resilient, as we've heard, but it is highly vulnerable at this point. what are your concerns in this area? so my biggest concern, of course, is that the kremlin will continue systematically trying to dismantle ukraine's energy grid. the way putting has been doing since the middle of october,

i think in key there's a great sense of satisfaction and pride. there is billions that their system has demonstrated the flexibility that the ukrainians have achieved by cannibalizing from one system to another. critically important support from across the international community in particular our g 7 group and i would commend germany's leadership as g 7, president last year in establishing a specific energy focus group that i've been helping to coordinate from the u. s. side of the united states has put a lot of resources into this $53000000.00 of equipment which we delivered last year . we have additional appropriations now from our congress of $1100000000.00. well, jeff and last talk talking about the does $11000000000.00. i mean, what sort of solutions are ukranian allies like the u. s. looking at, in terms of energy support from ukraine going forward,

whether that's in the mid term or maybe even after the war. so we're trying to do 2 things at the same time. one is to undo the damage that vladimir putin has done. so restoring transformer stations, helping to build resilience in the grid. and that's something that we're working with very closely on with our european partners. and then also addressing the challenge that you just had minutes or how shanker talking about, which is to build back better, to build a new ukrainian energy system, which is more resilient, more decentralized, more european, more focused on renewables, rather than the old soviet system that ukraine had depended on in the past, right? i wanted to ask if you agreed with the energy minister's view that expanding renewables in ukraine would make the grill grid more resilient to rush attacks. what's your take on this? he's exactly right. it's true for the rest of europe. as well, that is the greatest source of energy security as an energy system, which is decoupled from russian oil and gas,

and which is much more focused on renewables. ukraine has substantial potential in the areas of wind, solar bio mass. ukraine also has one of europe's largest nuclear rates. united states and other european partners are working closely with ukrainians in that area as well. so we see a substantial capacity for ukraine to emerge after the war. not just as self sufficient in energy, but as a major provider of energy to the rest of europe, as ukraine has been in the electricity sector up until october, when he's a tax began, we'll have to leave it there. that was the u. s. assistant secretary of state for energy resources jeffrey piatt. thank you so much for joining us. thank you for having. well, india is the 2nd largest global producer of footwear, after china, manufacturing $2000000000.00 pairs a year involving hundreds of production stages that consume energy that's mostly derived from burning coal. but it's not just this waste. the production process

itself places a huge burden on the environment. i'd cobblers have long been a fixture of city life in india, the small shops, residential neighborhood, and market. part of a traditional repair and reuse economy that extends the shelf life of shoes. it's a sustainable approach, but it's on the decline. india, as economic growth has opened up new opportunities for the marginalized communities that long pursued this profession. it's also given consumers greater footwear choices and money to spend on them. today the massive foot when the st. john's out product made predominantly of synthetic material. they're hard to repair and recycle. and often end their life dumped in the environment. to former athletes from delhi began looking for away forward and started a social enterprise that use as part of its profits to provide shoes to people who can't afford them. being that of you very close to shoes running renewal their

doodle every day for my vehicle. change your shoes, so that's where retort or let's go deeper into it. i research and found that 33000000 jews which will to line 52. and at the same time there people were walking barefoot. so this was a clear connect where if we start repairing the so if you start up cycling the tools we can uh prevent them from going to landfills and give it to someone who requires it green. so it has set up a large network of collection centers across india where people can donate unwanted footwear thousands of old or damaged shoes. slippers and sandals are then processed for up cycling. the entire process is done by hand transforming the separated parts into function of footwear. proceeds from sales have helped provide more than $500000.00 fairs of footwear to school children in rural areas. another company is turning footwear production to cut the william of junk in the environment. more by

based startup bar dogs makes shoes from discarded, tire tubes, cork, and fabric. this as you're seeing right now is that directly from the dial from the guided diagram that unity lands up in those langford. this is the upgraded version which also ensures the finance. this is a mixture of or die or with some other elements that i did executable. unsustainably, by definition, are truly sustainable shoe needs to be durable, made from non polluting or recyclable material. and it should be manufactured with renewable energy sources. but experts say the best way to minimize foot, where's ecological footprint is for consumers to buy less and prolong the lives of the shoes. the already have global energy related c o. 2 emissions had

a new record in 2022. that's according to the international energy agency. the group says emissions rose by 9 tenths of a percent to almost 37000000000 tons last year. and that governments around the world have to speed up the global transition to renewable energy. well, that's our shout around out the we check in with me tomorrow. i'm christie plants, and here's berlin. thanks for watching with transporting goods to europe. what's the latest on china's new silk road? russia's war against ukraine has disrupted traffic on important stretches of the mammoth network. companies are switching to safer routes. what are the risks and

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