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New Formula E Porsche 99X Electric Gen3 celebrates world premiere

Green Car Congress

With the Porsche 99X Electric Gen3, Porsche heads into a new era of Formula E. The electric racing car, which underwent an evolution in the Porsche Development Centre in Weissach, celebrated its world premiere in the Porsche Experience Center in Franciacorta, Italy.

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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 Stuttgart-based sports car manufacturer is participating in a Series D funding round by the Croatian automotive technology group Rimac Group. The new funding round is being led by Softbank Vision Fund 2.

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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 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. Earlier post.) Earlier post.)

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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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Former Porsche U.S. govern government stated to be leaping to Rivian

Baua Electric

Like alternative auto startups, Rivian is burning billions of bucks because it launches unutilized fashions and invests in manufacturing and distribution capability. of its worth this spring earlier than recuperating on sturdy manufacturing unit output numbers this life. A great team, a great brand, great products!

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Rivian hires former Porsche exec Kjell Gruner as gross sales eminent

Baua Electric

.” The startup’s possibilities have advanced in contemporary months nearest it struggled following its 2021 creation to satisfy manufacturing targets amid provide chain shortages and alternative production complications. Gruner joined Porsche in 1999 from Boston Consulting Team. meeting plant and delivered 12,640.

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