US News Change to e-mobility: Bosch checks closure of plant in Munich and sells work in Göttingen

11:03  19 july  2021
11:03  19 july  2021 Source:   businessinsider.de

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The new assembly in Munich will be built on the site currently used for engine production. The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward. The expansion of electromobility in the production network continues. The Chinese plant in Dadong also began producing the BMW iX3 this year. From next year, the BMW i4 and BMW iX will come off the production lines in Munich and Dingolfing respectively.

The car supplier Bosch wants to reduce media reports to reduce its production network. Accordingly, the company is currently examining the closure of his work in Munich mountain on the Laim and a possible production displacement. Bosch produces electrical fuel pumps and injection valves with about 250 employees. The car supplier is currently leading "talks with the employee representatives for the future of the site", a group speaker is quoted by the newspaper "Münchner Merkur" , which first reported on the topic. One is to examine "different scenarios" - including a complete shift of production.

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The plant is responsible only for pouring into vials doses of Sputnik V vaccine produced elsewhere. Concerns with the filling lines have subsequently been fully addressed, the company said. "We invite WHO for another inspection. We remain fully transparent and will continue with the WHO pre-qualification process." At the site, the WHO's pre-qualification inspection team found issues with the integrity of data and test results produced during quality controls of the shot. The report also "identified concerns with the implementation of adequate measures to mitigate the risks of cross-contamination

The growth of electro mobility requires investment in charging infrastructure. However, the pace of growth and type of infrastructure needed is uncertain. Additional electricity demand from EVs creates a challenge for electricity networks. We advise our clients, in both the private and public sectors, on new market design and regulations. As the e - mobility sector grows rapidly, new opportunities are created for companies to profit from diversifying revenues. Our unique combination of engineering, commercial and economic knowledge allows us to advise clients on e - mobility from all aspects

As a reason, the Group spokeswoman should have indicated the change from the burner to the electric drive. This leads to "significant overcapacity and thus a high adjustment requirement". A development that could not escape Bosch.

According to a report of the "Handelsblatt" , the factory in Göttingen is also sold to the Chinese battery manufacturer GOTION high-tech in Göttingen with 300 employees. The goal is to build a mounting of lithium-ion batteries there. All Shares of Robert Bosch Aftermarket Solutions GmbH should go to the Chinese company. A purchase price did not call Bosch and Gotion High-Tech according to the "Handelsblatt". So far, used spare parts were sorted and processed in the Götting site in the first place to reuse them later.

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Changes to Balance Sheet items appear as working capital changes on the Cash Flow Statement, and investing and financing activities affect Balance Sheet items such as PP& E , Debt and Shareholders' Equity. In the case of Inventory, the expense is only recorded when the goods associated with it are sold - so if it's just sitting in a warehouse, it does not count as a Cost of Good Sold or Operating Expense until the company manufactures it into a product and sells it.

Global change in travel and tourism revenue due to COVID-19 by region 2019-2020. In addition, the specific nature of this crisis means that some sectors may benefit from it. E -commerce, food retail, and the healthcare industry provide at least some economic growth to offset the damage. Also, a crisis-induced movement to online activities ( working from home, purchasing goods online, contacting family, etc.) can be observed.

at the site in Arnstadt in the Thuringian district of Ilmkreis, around 100 employees of Bosch also have to bang their bodies. A few days ago, the company announced the production of generator regulators there. If there are no orders from the coming year, a spokeswoman in the "Handelsblatt" explained. The reason is that generators in electrical and hybrid cars are no longer needed. The person concerned is offered a place in the Bavarian Ansbach, it was said.

The adaptation to the electromobility allows thousands of jobs in Germany according to the "Handelsblatt". The automotive supplier Continental wants to reduce up to 30,000 digits and ZF in Friedrichshafen worldwide. However, for ZF, operational dismissals in Germany are excluded by a transformation tariff agreement until the end of 2022.

Bosch has not yet called a definitive number, how many jobs will be degraded. According to the report in the "Handelsblatt", however, more than 3000 jobs are affected together. As the newspaper writes, further decisions are likely to be in the fall - it is feared that the domestic works will be further outnumbered. However, Bosch applies according to the report as a company that is particularly aware of its social responsibility and always endeavor to social compatibility.

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How will we work , live and thrive in the post-pandemic future? How is Covid-19 reshaping our world – potentially, forever? We’ll roll out these important views from some of the top minds in business, public health and many other fields in several articles over the next few weeks. We'll hear from people For example, one is low pay and terrible conditions of work in the types of jobs we’ve been praising as ‘key workers ’, in everything from care homes to delivery drivers and warehouse staff. Another is the terrifying decline in environmental indicators from extreme weather events and loss of biodiversity

"The ramifications and responses have already begun to appear, especially in East Asia and Europe. From Hungary to China, from Sweden to Japan, governments are struggling to balance the demands of a swelling older cohort with the needs of young people whose most intimate decisions about childbearing are being shaped by factors both positive (more work opportunities for women) and negative (persistent gender inequality and high living costs)." Rowan Cocoan Right. I think I read that they work in part to anti-inflammatory effects. And they block binding of the spike protein?

  Wandel zur E-Mobilität: Bosch prüft Schließung von Werk in München und verkauft Werk in Göttingen © Provided by Business Insider Germany GettyImages-1233212353-1 © Getty Images GettyImages-1233212353-1

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