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  • 11.06.2024 – 16:53

    Germany Trade & Invest

    OECD Deems Germany “Global Leader” in Artificial Intelligence

    Berlin (ots) - In a new report, the Organization for Economic Co-operation and Development found that Germany was a world-class environment for AI and pointed out room for further development and growth. The OECD study “Artificial Intelligence Review of Germany” praised Europe’s largest economy for showing “vision” and “leadership” in becoming one of the ...

  • 11.06.2024 – 13:00

    Germany Trade & Invest

    Germany Leads Europe, Second in World in EV Production

    Berlin (ots) - The German automotive industry association VDA says that 995,000 purely electric vehicles rolled off German assembly lines in 2023. All told, some 1.27 million purely electric (BEV) and hybrid (PHEV) vehicles were made in Germany in 2023, the second highest number in the world behind China. China dominates global EV production, but the vast majority of its cars are sold domestically. By contrast 76 percent ...

  • 06.06.2024 – 15:46

    Germany Trade & Invest

    Germany Sets Quarterly Record for Renewable Energy Generation

    Berlin (ots) - European largest economy generated and fed into the national grid 121.5 billion kilowatt hours of electricity in the first quarter of 2024. Renewables accounted for 58.4 percent of all electricity produced in Germany in the first three months of this year. That is more than for any quarter since statistics of this sort began to be collected in 2018. The 121.5 billion kilowatt hours represented an annual ...

  • 14.05.2024 – 14:10

    Germany Trade & Invest

    Germany Records Big Rise in Foreign Direct Investment in 2023

    Berlin (ots) - The volume of international business expansions to and in Europe’s largest economy increased by over 37 percent last year. Germany attracted 34.8 billion euros worth of international business projects in 2023 – that’s the result of Germany Trade & Invest’s (GTAI) annual FDI study. The figure includes both greenfields and expansions. It does not include any mergers or acquisitions. The comparable ...

  • 14.05.2024 – 13:45

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    International investor coalition supports workers’ rights proposal at Amazon

    Vancouver, Canada (ots) - Shareholders of Amazon.com, Inc. (NASDAQ: AMZN) are urging the company to assess whether it has lived up to its own commitments to respect workers’ rights to freedom of association and collective bargaining. Amazon’s upcoming annual general meeting (AGM) on May 22 comes amid ongoing unionization efforts at the company, including recent ...