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Porsche acquires majority stake in e-bike maker Greyp

Green Car Congress

Porsche is acquiring a majority stake in the e-bike manufacturer Greyp Bikes. The sports car manufacturer’s venture capital arm, Porsche Ventures, has held a stake of around 10% in the Croatian company since 2018. The takeover has not yet been legally completed, but is expected to be finalized at the end of the year.

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Porsche expanding open source software initiative; FOSS

Green Car Congress

Porsche is expanding its open source initiative and has published a strategic guide to using free and open source software (FOSS). By using open source software, Porsche says it is able to shorten development cycles, reduce costs, promote innovation and talent and improve software quality.

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Tesla, Porsche sought out for guidance on data flow rules in China

Teslarati

As China prepares to implement new regulations on data security and the cross-border flow of information, Tesla and Porsche are some of the first foreign companies being sought out to share input on the proposals. The post Tesla, Porsche sought out for guidance on data flow rules in China appeared first on TESLARATI.

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Ferrari’s Plug-in Hybrid One-Ups the Combustion Engine

Cars That Think

seconds, breaking a seven-year-old record for production cars that had been set by the roughly $ 1 million Porsche 918 Spyder Hybrid. Porsche, McLaren, and Bentley are all developing hybrid models to bridge the gap, with the Porsche Taycan taking on Tesla on the full-electric front. That roughly equals the Ferrari’s performance.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

5376, BUILD BACK BETTER ACT. Low-volume, luxury/premium vehicles: In theory these would include some models from Porsche, Bentley, Range Rover, Jaguar, Mercedes-Benz, BMW, and others — but many of the EV models from these brands would likely exceed the MSRP caps anyway. Or does the cap apply to each model trim?

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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In addition to building up and expanding its own resources for the major fields of future importance, the Group plans to open itself up more to new partnerships and strategic investments. billion as a provision for legal risks worldwide. billion, Porsche sales revenue exceeded the prior-year figure by 25.2%. billion in total.

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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 suggests that, since the automakers have already designed the vehicles that they will be selling in 2018, they will become more vocal in 2014 to push for changes; the firm expects the dispute to escalate, perhaps resulting in legal action. In October, California passed legislation committing to build 100 hydrogen stations by 2024.

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