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Porsche takes 10% stake in the electric technology and sports car company Rimac; development partnership

Green Car Congress

Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. As part of its electrification efforts, Porsche is seeking a development partnership with the young company. Rimac recently presented the latest version of its electric hypercar, the “C Two”, at the Geneva Motor Show in March 2018.

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IONITY orders 324 350kW EV chargers from ABB for second phase of expansion

Green Car Congress

ABB was already commissioned in 2018 as technology partner to deliver 340 high-power chargers to IONITY and was the first to market in Europe with 350 kW chargers featuring liquid cooled cables. To finance the necessary chargers, the analysis estimates Europe needs €20 billion over the next 11 years, or €1.8

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Audi to invest ~€14B in electromobility, digitalization and autonomous driving over next 5 years

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To this end, Audi is working with Porsche to develop the “premium architecture electrification (PPE)” for large electric cars, while the “modular electric drive kit (MEB)” is being realized together with Volkswagen.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. Automakers will want to tap into connectivity to offer information and entertainment services. By 2022, not even California will meet the 10% ZEV requirement.

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