BROWSE THROUGH OUR TRADE FAIRS IN HANNOVER, GERMANY FOR AUTOMOBILE - AUTOMOTIVE INDUSTRY INDUSTRY

Hannover

Introduction to the Hanoverian automotive sector

Hanover is among the leading German automotive centres. This is because the city comprises diverse, prominent companies. They provide varied employment positions. As a result, the industry employs around 24,900 specialists. They specialise in various automotive industry operations. These include commercial vehicles, power trains, and specialised parts. They also include tyres, braking systems, battery technologies, and vehicle information systems. Thirty research and educational organisations support these specialists. These organisations and institutes aid by training automotive experts. They also research potential innovations. These include novel solutions that adapt the sector to the latest challenges.

Who subsidises the sector's R&D and what is its annual turnover?

The local and federal governments often subsidise Hanover's automotive research. For example, the city has received funding from the Schaufenster Elektromobilität programme. This is because the segment is one of the six sectors with sustainable growth potential. Its ability to maintain a high value shows this. For example, some of the leading companies have generated around EUR 9,000,000,000 in recent years. The segment also adapts excellently to challenges. For example, one leading company specialises in information systems. Another specialises in sustainable batteries. Generally, they display their wares during biannual trade exhibitions. Such events attract hundreds of thousands of participants.