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VW, Mercedes & Co. wave goodbye to their hydrogen dreams - this goes against the H2 drive system Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. While Toyota and Hyundai are still working flat out on hydrogen technology, the majority of European groups in the passenger car sector no longer believe in the H2 breakthrough. Renault, Mercedes and Co. see great potential for H2 propulsion in the commercial vehicle sector. VW boss Herbert Diess considers the drive to be too cost-intensive, even for long-distance trucks. The basic conditions for H2 propulsion are currently far from ideal. In addition to the poorly developed infrastructure, there are high production costs and the currently still poor CO2 footprint of hydrogen production. ....
After correction in hydrogen stocks, German analyst urges caution on investment Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Hydrogen shares are currently suffering from sometimes significant setbacks. Robert Halver of the Baader bank sees in it the end of advance praise, which shares particularly received in 2020. The high valuations of the companies and the lack of profits are deterring investors - but the industry remains exciting in the long term. . Hydrogen stocks were among the most sought-after securities on the stock market in 2020. Companies like Nel, Ballard Power, and Fuel Cell Energy were seen as bets on a sustainable future. Share prices rose sharply and, in parallel, so did the companies valuations. But since mid-February, things have been going rapidly downhill. ....
Talent search: Sony Music launches novel training for music manager Music company Sony is launching a novel music manager training program in the Artists & Repertoire (A&R) division. In an academy program, initially, two trainees are to be trained as A&R managers in 12 months. The company is looking for unconventional, different-thinking and diverse people with a flair for talent and an interest in the music industry. Applications are open via videocasting until March 31, 2021. . Dreaming of signing the next uber-talent? Do you want everyone to hear your playlists? Are you creative, communicative, empathetic, and always ahead of the current trends? Then we re looking for you. These are the words Sony Music is addressing to the music managers of tomorrow: the company is looking for talent for the booming and important heart of the music industry, A&R: Artists & Repertoire. ....