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SHANGHAI, CHINA - APRIL 21: People visit the BOSCH booth during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center Shanghai on April 21, 2023 in Shanghai, China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx 111433050285

Premature euphoria among German suppliers

While German car manufacturers are increasingly struggling on the Chinese market, their suppliers' business is flourishing. The question is how long the trend will continue and how big the profit really is.

By Christian Domke Seidel

230524 -- LAGOS, May 24, 2023 -- Guests pose for a group photo at a launch ceremony for Yutong electric buses in Lagos, Nigeria, on May 23, 2023. Chinese bus maker Yutong on Tuesday launched the first electric mass transit buses targeting public transport in Lagos, Nigeria s economic hub, as the country prepares for the gradual shift from internal combustion engine-powered vehicles to sustainable electric vehicles EVs. The project is a collaboration between the Oando Clean Energy Limited, Yutong s partner in Nigeria, and the Lagos Metropolitan Area Transport Authority to start proof-of-concept with two Yutong electric buses on the Bus Rapid Transit road in Lagos. Photo by /Xinhua NIGERIA-LAGOS-CHINESE ELECTRIC BUSES-LAUNCH LixPeng PUBLICATIONxNOTxINxCHN

Yutong's uncertain partner in Lagos

The Chinese manufacturer Yutong plans to supply 12,000 electric buses to the Nigerian metropolis. However, the deal could come with unpleasant surprises. The Nigerian partner is embroiled in a severe financial scandal.

By Christian Hiller von Gaertringen

April 10, 2022, Brazil: In this photo illustration, a woman s silhouette holds a smartphone with the Taiwan Semiconductor Manufacturing Company Limited TSMC logo in the background. Brazil - ZUMAs197 20220410_zab_s197_032 Copyright: xRafaelxHenriquex

TSMC Dresden plans take shape

Taiwan's chip giant TSMC is now almost certain to build a factory in Dresden. The government considers the strategic security of the supply chain to be of enormous value and is offering substantial subsidies. The catch: The technology that Germany is attracting with a lot of money is outdated.

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