LOL Germany with the world popular advance auto industry and nearby Netherland ASML company cannot fab the advanced semiconductor chips? LOL This thing is very political.
We're going to desperately need manufacturing jobs when the auto industry downsizes as Chinese companies take over the market that German manufacturers were subsidised into ignoring under Merkel…
Long story short: The German auto industry got major incentives from the CDU-led government to keep reselling the obviously obsolete combustion tech that cost them ZERO in R&D, at effectively pure profit.
This money was diverted from maintaining public transport infrastructure, which is today screwing us in a Big Way™, and adding insult to injury, it was used to generate MASSIVE profits for shareholders and manager bonuses, rather than being effectively invested into EV development. This has Chinese and other manufacturers a decade-long lead on technology.
So in the past few months, we've seen Mercedes announce that they're moving exclusively upmarket and dropping out of the affordable segment entirely, while Audi and Volkswagen have announced, er, "cooperations" with Chinese manufacturers to build EVs for the Chinese market, where German car sales have dropped off a cliff.
I figure that ten years from now, Audi and VW will sell rebadged, upmarked cars built in China, while the exact same car with a different interior and minor external differences will be available from the actual manufacturer at a much lower price.
So we need manufacturing jobs, and chip manufacturing — Infineon, Intel et al. have already announced or started building plants, as well.
The U.S. has made a similar push with the Chips and Science Act, albeit for slightly different reasons AFAICS.
So, in short, you think the German government and the German people should’ve let the German automobile industry and manufacturing in general go down the drain like the British in the 60’s, 70’s and early 80’s?
No, I am saying that this is what they HAVE done.
The "Conservative" government destroyed the world-leading German solar industry 15 years ago, handing technology leadership to the Chinese and destroying about 100,000 jobs, long-term. In the interest of short-term fossil lobby profits.
The Conservative government encouraged short-term MEGAprofits in the auto industry by subsidising the fossil-fuel status quo over the past fifteen or so years, at the expense of letting the industry go down the drain as other countries take the lead in technology and manufacturing. We're seeing that happen now.
LOL What is the total revenue of the world-leading German solar industry 15 years ago?
I have no idea why you think „leading“ means „biggest“, but German solar tech had 160,000 employees with over 14 billion € revenue in 2011, vs. 50,000 employees and 3.7 billion € in 2014. It was a fairly significant sector, and it was deliberately destroyed by the CDU-led government.
LOL Bard tolda me this,
According to the German Solar Industry Association, the revenue of the German solar industry in 2014 was €13.1 billion. This represented a decline of 8% from 2013, but was still higher than the revenue in 2010.
The decline in revenue in 2014 was due to a number of factors, including:
The global financial crisis, which led to a decline in demand for solar panels.
Cuts to government subsidies for solar power.
Competition from Chinese solar manufacturers.
Despite the decline in revenue, the German solar industry continued to grow in terms of installed capacity. In 2014, Germany added 5.6 gigawatts of solar power capacity, bringing the total installed capacity to 35.7 gigawatts.
The German solar industry is expected to continue to grow in the coming years, driven by government policies to promote renewable energy and the increasing cost of fossil fuels. The German government has set a target of generating 80% of its electricity from renewable sources by 2030. This will require a significant expansion of the solar industry in Germany.
If this target is met, the German solar industry could reach a revenue of €20 billion by 2030.
Is Google Bard a trustable source?
I'm going to say that Google Bard is full of shit.
According to the German Federal Bureau of Statistics, the German solar industry had revenue of 3.7 billion € in 2014, down 74.2% or 10.6 billion € from 2011.
From what I've found, Germany only added 1.2 GW of solar power capacity in 2014, (after 2.7 GW 2013, ~8 GW in 2012, stagnant from the 8 GW of 2011, and exponential growth before that).
Yes, the CDU-led government killed the German solar manufacturing industry. There are obviously still going to be jobs in installation and maintenance, but the products are Chinese.
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According to the German Federal Bureau of Statistics, the German solar industry had revenue of 3.7 billion € in 2014, down 74.2% or 10.6 billion € from 2011.
From what I've found, Germany only added 1.2 GW of solar power capacity in 2014, (after 2.7 GW 2013, ~8 GW in 2012, stagnant from the 8 GW of 2011, and exponential growth before that).