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Porsche participates in Rimac’s €500M Series D round

Green Car Congress

Porsche and Rimac are taking the next step in their collaboration with focus on the digital and electrified future of mobility. The total volume of the round is €500 million, with Porsche investing an eight-figure sum. The total volume of the round is €500 million, with Porsche investing an eight-figure sum.

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Porsche Project X, Ford Mustang GT3: Automobile Information Headlines

Baua Electric

Porsche has rolled out an idea for an electrical hypercar, and has showed it’s these days comparing whether or not to place the car into manufacturing. Ford has observable a Mustang race automobile evolved alongside GT3 specs and that includes a unutilized 5.4-liter

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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

Green Car Congress

The Volkswagen Group’s Porsche and Croatian hyper-EV developer Rimac have agreed to set up a joint venture that incorporates Bugatti—another Volkswagen Group brand that is moving to the control of Porsche. Rimac will hold a 55% share in the Bugatti-Rimac joint venture, while Porsche will have a 45% share.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

.& With this in mind, Porsche’s CFO was recently quoted as saying European combustion bans will probably need to be delayed and there’s good reason to believe him.& However, Porsche Chief Financial Officer Lutz Meschke was quoted by Automotive News on Thursday casting some doubts.&

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Porsche brings the V-8 again to its ultimate gas-powered Cayenne

Baua Electric

LOS ANGELES — Porsche has put the combustion engine Cayenne at the trail to depart, however first, the automaker is giving the workhorse midsize crossover a midcycle freshening that feels extra like a redesign. To raise the riding revel in, Porsche has dialed up engine output around the Cayenne lineup. of Cayenne gross sales. .

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Porsche To Make its Own Battery Cells

Get Electric Vehicle

The luxury sports car manufacturer Porsche AG is taking bold moves to enter the highly competitive and demanding EV battery market. Each year, the new facility in Tübingen, Germany, will produce enough batteries for 1,000 automobiles. The battery cell is the combustion chamber of the future. The New Facility.

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Volkswagen AG to launch 30 new cars globally in 2024 to battle slowdown hurdle

Baua Electric

The German automobile giant expects its passenger vehicle sales in this year to grow just three per cent, sharply down from 2023. However, he also added that the automaker is confident about 2024, despite the muted economic outlook and intensifying competition in the global passenger vehicle market. lakh units in 2023.

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