article thumbnail

Porsche presents Mission R concept electric competition car

Green Car Congress

At IAA Mobility 2021 in Munich, Porsche is presenting the Mission R concept electric car that combines advanced technologies and sustainable materials, such as natural fibre-reinforced plastics, with a passion for racing. The Mission R is on a par with the performance level of the Porsche 911 GT3 Cup.

Porsche 417
article thumbnail

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. At present, both models have almost sold out, thanks to the very positive market reaction. Greyp e-SUV model.

Porsche 476
article thumbnail

Porsche and Hydro to cooperate on low-carbon aluminum and battery materials recycling

Green Car Congress

Porsche AG and Norsk Hydro ASA will work together to further reduce the carbon footprint of Porsche’s car models by using low-carbon aluminum and extrusions from Hydro. Hydro will deliver to Porsche and several of Porsche’s component suppliers its low-carbon aluminum offering, Hydro Reduxa 4.0

Porsche 284
article thumbnail

Porsche expects more than 80% of new vehicle sales to be all-electric in 2030

Green Car Congress

Last year, almost 40% of all new Porsche vehicles delivered in Europe were already at least partly electric—i.e. In 2025, half of all new Porsche sales are expected to come from the sale of electric vehicles—again, all-electric or plug-in hybrid, said Oliver Blume, Chairman of the Executive Board of Porsche AG.

Porsche 448
article thumbnail

Porsche Macan EV advances Taycan tech for the mass market

Green Car Reports

While it’s been four years since first deliveries of the Porsche’s first electric car, the Taycan, something even more revolutionary for the brand is about to happen: transforming Porsche’s bestseller to an EV, with tech from the Taycan.

Porsche 129
article thumbnail

Porsche acquires stake in Fazua and plans joint ventures with Ponooc to expand involvement in e-bike market

Green Car Congress

Porsche is further expanding its involvement in the rapidly growing market for e-bikes by acquiring a stake in Fazua , an innovative manufacturer of e-bike drive systems, and establishing a strategic partnership with Ponooc Investment B.V. Porsche is acquiring 20% of the shares in Fazua GmbH. Ponooc is part of Pon Holdings B.V.—a

Porsche 186
article thumbnail

Porsche and Mobileye collaborate for series production of premium ADAS solutions

Green Car Congress

Porsche and the technology company Mobileye have entered into a strategic collaboration for series production of premium ADAS solutions. In future models, Porsche plans to offer automated assistance and navigate-on-pilot functions based on the Mobileye SuperVision technology platform.

Porsche 284