Green Car Congress

SEPTEMBER 7, 2019

Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. In June 2018, the Stuttgart-based sports car manufacturer purchased a 10% stake in Rimac. Porsche is now strengthening the established partnership. Porsche has been supporting Rimac and its positive development for a year now.

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Porsche Companies Cars Electric 255

Green Car Congress

MARCH 19, 2022

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.

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Porsche All-Electric Sale Vehicles 448

Green Car Congress

JULY 22, 2021

In June, Porsche announced an investment in its new joint venture company Cellforce Group GmbH. Porsche and joint venture partner Customcells, a spin-off from Fraunhofer, also announced the launch of production of high-performance battery cells at Porsche’s Weissach Development Center. Earlier post.).

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Porsche Lithium Ion Production Germany 468

Green Car Congress

JUNE 6, 2022

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 2018 Financing Automobile 186

Green Car Congress

AUGUST 9, 2023

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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Porsche Legal Financing Global 150

Green Car Congress

SEPTEMBER 11, 2021

Porsche and Siemens Energy have joined forces with a number of international companies to build an industrial plant for the production of nearly CO?-neutral The necessary environmental permits have now been obtained by the Chilean project company Highly Innovative Fuels (HIF). neutral fuel (eFuel) in Punta Arenas, Chile.

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Chile Porsche Hydrogen Wind 409

Green Car Congress

JUNE 21, 2021

Porsche is investing a high double-digit-million amount in its new joint venture company Cellforce Group GmbH. Porsche and joint venture partner Customcells, a spin-off from Fraunhofer, also announced the launch of production of high-performance battery cells at Porsche’s Weissach Development Center.

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Porsche Batteries Battery Lithium Ion 284

Green Car Congress

SEPTEMBER 24, 2018

On Sunday, Porsche AG announced that it will in the future no longer offer diesel-powered models. By 2022, Porsche will have invested more than €6 billion (US$7 billion) in e-mobility, creating the basis for sustainable growth into the future. In 2017, the diesel share of worldwide Porsches was 12%. —Oliver Blume.

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Porsche Diesel Future Europe 290

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). Earlier post.).

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Porsche Chile Global Industrial 243

Green Car Congress

JUNE 21, 2018

Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. Rimac develops and produces electric vehicle components and manufactures electric super sports cars. As part of its electrification efforts, Porsche is seeking a development partnership with the young company.

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Porsche Companies Cars MPH 279

Green Car Congress

JULY 6, 2021

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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Green Car Congress

JUNE 8, 2022

Porsche is expanding its venturing network by collaborating with UP.Labs, a new model for fostering innovative startups. The Stuttgart-based sports car manufacturer has agreed with the US company on a three-year cooperation aimed at establishing six companies from 2023 to 2025 with new business models in various areas of mobility.

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Porsche Los Angeles Building Financing 150

Green Car Congress

FEBRUARY 11, 2022

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

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Green Car Congress

MARCH 9, 2021

The Supervisory Board of Porsche AG agreed to increase its stake in Rimac Automobili from 15% to 24% with the investment of an additional €70 million. The Croatian company develops and produces high-tech components for electromobility, including high-performance drives and battery systems. —Lutz Meschke.

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Porsche Financing IDEA Manufacturer 186

Green Car Congress

SEPTEMBER 5, 2023

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Earlier post.) This is then made into synthetic fuel.

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Chile Porsche Global Installation 195

Green Car Congress

OCTOBER 10, 2019

Porsche and Boeing signed a Memorandum of Understanding to explore the premium urban air mobility market and the extension of urban traffic into airspace. With this partnership, both companies will leverage their respective market strengths and insights to study the future of premium urban air mobility vehicles.

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Porsche Market Concept Insight 265

Green Car Congress

MAY 5, 2022

To deliver to customers including Porsche subsidiary Cellforce Group, Group14 plans to break ground on its second commercial-scale battery active materials (BAM) factory in the US to stay ahead of demand from markets reliant on high-performing batteries. As a result, Porsche has decided to partner with Group14 Technologies.

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Porsche South Korea Lithium Ion Energy Storage 150

Teslarati

JANUARY 22, 2024

Rivian has added a former Apple and Porsche development head for its future vehicle platforms. At Porsche and Porsche Digital, Reinke was a Product Management Lead and the Head of Product Management & Innovation. The post Rivian adds Apple and Porsche alum for future platforms appeared first on TESLARATI.

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Porsche Future Production Affordable 105

Green Car Congress

FEBRUARY 26, 2019

The Supervisory Board of Porsche AG has decided to manufacture the next generation of the Macan as a fully electric series. This will be the first all-electric compact SUV from Porsche, and is due to roll off the assembly line in the Leipzig site at the start of the next decade. Current generation Macan.

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Fully Electric Porsche SUV Cayenne 284

Electrek

MAY 4, 2022

Group14 Technologies, a manufacturer of silicon-carbon tech for lithium-silicon batteries, announced it has raised $400 million in a Series C funding round led by Porsche AG. The post Battery tech company Group14 raises $400M in funding led by Porsche, plans 2nd US plant appeared first on Electrek.

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Porsche Lithium Ion Companies Batteries 73

Teslarati

JANUARY 29, 2024

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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Porsche China Tesla Legal 105

Green Car Congress

DECEMBER 21, 2022

E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. Chile’s Minister of Energy, Diego Pardow, headed the ceremony where a Porsche 911 was loaded with synthetic fuel.

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Chile Fuel Porsche Wind 426

Teslarati

DECEMBER 19, 2023

Volkswagen, Audi and Porsche will adopt Tesla’s NACS charging port beginning in 2025, as announced on Tuesday in a press release. VW’s lineup marks almost the last major automaker to adopt the charging standard, which Tesla opened up to other companies last November. Stellantis owns U.S.

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The Truth About Cars

JANUARY 29, 2024

.& 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 Gasoline-Electric United States All-Electric 117

Green Car Congress

AUGUST 22, 2019

Porsche has acquired a minority stake in the Israeli start-up, TriEye. The newly established company has developed a sensor technology for short-wave infrared (SWIR). The company’s unique semi-conductor design uses patent-pending technology that makes it possible to manufacture SWIR HD cameras at a fraction of their current cost.

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Teslarati

JANUARY 6, 2023

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe.

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Porsche Mercedes BMW Market 122

Green Car Congress

MARCH 31, 2021

ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels as part of a new agreement to find pathways toward potential future consumer adoption. The fuel will be tested in race conditions with Porsche’s high-performance motorsports engines during the 2021 and 2022 Porsche Mobil 1 Supercup race series.

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Porsche Carbon Chile Renewable 186

The Truth About Cars

FEBRUARY 16, 2024

Thousands of vehicles manufactured under the umbrella of Volkswagen Group are being held at U.S. Concerns have revolved around aluminum, steel, and copper sourcing, tire manufacturing, battery production, and a slew of parts suppliers said to be employing people against their will. authorities could conduct a proper investigation.

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Bentley Porsche Audi Chinese 104

The Truth About Cars

JULY 6, 2023

President and CEO of Porsche Cars North America, Kjell Gruner, has left the company. The former Porsche AG chief marketing officer took the wheel to oversee our region less than three years ago and has reportedly made an abrupt exodus.& Gruner joined Porsche in 1999 from Boston Consulting Group.

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Boston Consulting Group Companies Porsche North America 87

Green Car Congress

JANUARY 29, 2021

UK-based Watt Electric Vehicle Company has designed a state-of-the-art platform enabling low-to-medium volume manufacturers of cars and commercial vehicles to go electric without the cost burden of investing in their own specific chassis technology. —Neil Yates, founder and owner of Watt Electric Vehicle Company.

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Manufacturer Electric Vehicles Vehicles Electric 248

Green Car Reports

FEBRUARY 1, 2021

based Watt Electric Vehicle Company has developed a flexible skateboard platform for low-volume manufacturers, and to show it off the company created an electric coupe inspired by the classic Porsche 356 sports car.

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Porsche Electric Electrical Manufacturer 154

Teslarati

MARCH 16, 2023

Porsche has announced an all-new tech joint venture with its partner, UP.Labs. Porsche is flush with cash, thanks to its incredible sales success this year and its IPO, which has quickly rocketed the historic brand to become the most valuable automaker in Europe. Do you have any comments, questions, or concerns?

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Teslarati

NOVEMBER 8, 2022

Porsche announced today that the company has produced its 100,000th Porsche Taycan since the vehicle’s launch. The 100,000th Porsche Taycan, a Neptune Blue Taycan Turbo S headed to the U.K., marks a significant achievement in manufacturing for the vehicle and a dramatic shift in Porsche’s philosophy.

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Green Car Congress

SEPTEMBER 25, 2020

The Porsche 718 Cayman GT4 Clubsport MR will tackle this year’s Nürburgring 24-hour race featuring a complete body kit made of natural-fiber composite materials for the first time. Porsche 718 Cayman GT4 Clubsport MR with new natural-fiber composite body kit: Racing cars with body parts made of renewable raw materials.

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Kits Porsche Carbon Fiber Renewable 207

The Truth About Cars

JANUARY 3, 2024

Croatian hypercar manufacturer Rimac Automobili has thrown the world a bit of a curveball. It also has a working relationship with Volkswagen Group ever since subsidiary Porsche Engineering Group GmbH acquired a 10-percent stake in the Croatian company. These are things the company has considered, however.

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Companies Porsche United Kingdom Kia 93

Baua Electric

MARCH 13, 2024

By: HT Auto Desk | Updated on: 14 Mar 2024, 10:43 AM Porsche is slated to bring in four new cars soon, including Panamera, Macan EV and hybrid 911. Porsche is slated to bring in four new cars soon, including Panamera, Macan EV and hybrid 911. Porsche is betting big on new models to boost its sales in 2024.

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Porsche Hybrid Auto All-Electric 52

Green Car Congress

MARCH 3, 2022

Audi FAW NEV Company Ltd.—the —the first cooperation company with a majority interest held by Audi in China—is set too begin construction on its new EV plant in Changchun, following approval by the Chinese authorities. By setting up the new Audi FAW NEV Company, we will bring a fresh charge to e-mobility in China.

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Audi Companies China Chinese 276