3 November 2023 – Electromobility in Germany continues to grow and, with 47.4% of new registrations, is getting closer and closer to conventional drives. Apple reports quarterly profit of 23 billion dollars. And stainless steel commodity faces growing supply problems.
Electromobility continues to grow in Germany
As the figures from the German Federal Motor Transport Authority from October 2023 show, registration figures for alternative drive systems have continued to rise. After nine months of registrations in 2023, they recorded an increase of 19.7% compared to the same period last year. Overall, alternative drive systems accounted for 47.4% of all new registrations. VW, Mercedes and BMW recorded particularly strong growth, making them the top three German EV car manufacturers.
Apple reports quarterly profit of 23 billion dollars
Apple has made a quarterly profit of almost 23 billion dollars thanks to the unbroken demand for its iPhone. The new iPhone 15 went on sale in September and will play a major role in the Christmas business. The iPhone business grew by 2.8 per cent year-on-year to 43.8 billion dollars, as Apple announced after the close of the US stock exchange.
Stainless steel raw material faces growing supply problems
More and more Asian media are now confirming our view that there could be a supply shortage of stainless steel in the medium term due to dwindling nickel ore deposits in Indonesia, while at the same time demand for electromobility continues to rise.
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We at the Gerber Group have been trading in stainless steel worldwide for over 20 years. We are your experts when it comes to purchasing, import, logistics and services. Information is a vital part of this. Because only then can you and we make the right decisions. Do you have any questions? Contact us now.
Disclaimer: Many things here represent our opinion. Others are information from the Internet. We can therefore never claim to be correct or complete. And never base a business decision solely on the news you receive from us.