the world s biggest component supplier for the car industry namely bosch is stopping plans to produce its own battery sales it s dismissed the idea as expensive and risky bush said it is not a viable investment for them and hansing battery efficiency and thereby extending the range of electric cars has been a key challenge to the automotive sector by twenty twenty five the battery market should be worth two hundred fifty billion euros. that s quite a substantial amount of money let s talk with our money man daniel cool at the from food stock exchange daniel why would poor should drop its research given especially this week s cool drooling on a possible diesel ban so the future clearly lies with electric ability yet seems that financial speak in the production research in the battery market for them that s what they re saying is too risky their c.e.o.
resulted from their russian recession much more than in the election center that had been introduced ok enough in the top of their from d.w. in the bombs thank you so much for this. thank you the world s biggest component supplier for the car industry bush is back paddling on its evil billet ambitions the company announced it was giving up on the research of new batteries for electric cars a project bush has invested heavily into it is unclear why bush is taking this step and hansing a battery efficiency and thereby extending the range of electric cars has been a key challenge for the automotive sector by twenty twenty five the battery market should be worth two hundred fifty billion euros and now it looks like they ll be built without any german or european influence leaving european car makers dependent on foreign suppliers. and with us i would like to cross over to our financial market risk correspondent daniel cole paul is hopefully standing by
each with its. own with its european. city to the euro. those european partners now have three other economic headaches to deal with first italy which is sitting on a mountain of debt some two point three trillion euros worth saving italy might prove an even tougher job than greece could this mean and atallah exit. then there s brics it britain is waving goodbye to the e.u. but what this will ultimately mean is anything but clear how much of a handle does brussels have on the situation and its costs. and last but not least donald trump he s threatening tariffs and the e.u. use value to strike back with levees on some two hundred fifty billion euros worth of u.s. exports joining forces against trump for the e.u.