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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. The investment volume is around $55 million.

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VW Team’s AV tool platform behind schedule till next key Audi, Porsche launches

Baua Electric

tool platform to marketplace in 2027 or 2028 next the launches of key pristine electrical fashions from Porsche and Audi. platform, which might be rolled out settingup upcoming week in top class all-electric fashions together with the Porsche e-Macan and Audi Q6 e-tron, Prominent Monetary Officer Arno Antlitz mentioned.

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Michelin logs 20th consecutive Le Mans win for its tires

Green Car Congress

After providing Michelin with the first of its recent sequence of victories at Le Mans with Laurent Aïello, Stéphane Ortelli and Allan McNish in 1998 (Porsche 911 GT1-98), Porsche earned the tire firm’s 20th straight victory in the endurance racing classic over the weekend. —Pascal Couasnon. Earlier post.).

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Audi using swarm data to improve car-to-X service local hazard alerts

Green Car Congress

The service is available in the new models from Audi, Volkswagen, SEAT, Škoda, Porsche, Bentley, and Lamborghini. In Europe, more than 1.7 million vehicles from the Volkswagen Group will supply current data for the hazard information service in 2021, and this number will increase to more than three million in 2022.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

This is in alignment with Tata Motors efforts to make itself ‘FutuReady’ by embracing new technologies, fostering higher platform efficiency and offering solutions that connect with the aspirations of our customers. —Günter Butschek, CEO and Managing Director of Tata Motors. will be examined and defined in detail over the coming months.

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VW Group restructuring in response to emissions testing scandal; greater focus on the modular toolkits; Klinger out, Horn stays

Green Car Congress

Vahland’s successor as Chairman of the Board of Directors at Škoda will be Bernhard Maier, until now Board Member for Sales and Marketing of Porsche AG. Consequently, a Porsche brand group with Bentley and Bugatti will be established for the sportscar and mid-engine toolkit.

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[PRESS RELEASE] POLITICAL PARTIES – LET’S BACK EV POLICIES TO SAVE NEW ZEALAND MONEY

Drive Electric

Finding sites to install charging stations is a challenge, and it can be prohibitive to connect to the network under current settings. There are a range of companies in the market wanting to invest, but there are barriers that need to be addressed immediately.