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Porsche to invest more than $7.4B in electromobility by 2022

Green Car Congress

Porsche will invest more than €6 billion (US$7.4 Plans for derivatives of the Mission E are also under way: last week at the Geneva show, Porsche presented a production-ready concept study of the Mission E Cross Turismo. —Oliver Blume, Chairman of the Executive Board of Porsche AG. billion) in electromobility by 2022.

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Porsche testing blockchain applications in cars

Green Car Congress

In collaboration with the Berlin-based start-up XAIN , Porsche is currently testing blockchain applications directly in vehicles—making Porsche the first automobile manufacturer to implement and successfully test blockchain in a car. —Uwe Michael, Vice President Electric/Electronic Systems at Porsche.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

The ranking of the 17 manufacturers based on the Sustainable Value Margin. The authors note that other leading manufacturers including Porsche, KIA or Chinese manufacturers are still not producing sufficient sustainability performance data.). Sustainable Value in Automobile Manufacturing (2009).

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BMW Group, Daimler, Ford, Audi & Porsche JV for up to 350 kW CCS ultra-fast charging network along major highways in Europe

Green Car Congress

BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group with Audi and Porsche have signed a Memorandum of Understanding to create the highest-powered charging network in Europe. —Oliver Blume, Chairman of the Executive Board of Porsche AG. This will be an important step towards facilitating mass-market BEV adoption.

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Porsche SE acquires ~10% stake in real-time traffic information company INRIX; 1st step to complementing investment in VW AG

Green Car Congress

Porsche Automobil Holding SE has acquired a stake of around 10% in INRIX, one of the leading providers of real-time traffic information. For Porsche SE, the acquisition is the first step towards creating a portfolio of investments complementing its existing shareholding in Volkswagen AG.

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VW ID 3 Deposits; Porsche diesel fines; best deals; Colorado EV pushback: Today's Car News

Green Car Reports

Germany fined Porsche $600 million over diesel-emissions cheating. The Alliance of Automobile Manufacturers headed to Colorado to head off the state's effort to mandate electric vehicle sales there. Volkswagen gathered 10,000 deposits for its new ID 3 electric car.

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets.

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