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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

Green Car Congress

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.)

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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.

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Porsche and Boeing to partner on premium urban air mobility market; electric VTOL concept

Green Car Congress

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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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

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 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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Everrati shows first redefined electric Porsche 911 (964) for US market

Electric Cars Report

Everrati Automotive, the technology company specialising in the redefining and futureproofing of automotive icons through the integration of cutting-edge electric vehicle powertrains, has completed the build of its first Porsche 911 (964) for the US market.

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