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LGT Navigator: Electric cars in focus of German Motor Show

September 14, 2017

On the eve of the opening of the 67. International Motor Show (IAA) many European carmakers announced plans to accelerate their shift to electric cars, after the diesel scandal started to unfold two years ago and battery technology was significantly improved. On Wednesday the EU car industry lobby offered to further cut CO2 emissions. EU auto suppliers, on the other hand, warn that the focus on electric cars risks handing jobs to China.

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