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Porsche opens first Charging Lounge

Green Car Congress

Porsche is planning to set up its own fast-charging stations offering a premium charging experience along Europe’s most important routes. As a pilot site, the first Porsche Charging Lounge has opened outside Bingen am Rhein. Further Porsche Charging Lounges are currently planned for Germany, Austria and Switzerland.

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Report: Porsche Raising Prices Across the Board

The Truth About Cars

Porsche will reportedly be raising prices between 4 and 8 percent on the European and U.S. Even so, higher-end brands appear to be doing fairly well at present, and Porsche itself noted that operating profits rose to €1.84 while raising vehicle pricing and trying to leverage connectivity into higher profits. billion ($2.03

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It’s a cut-price Porsche! VW plots reborn Scirocco electric sports car based on Boxster EV

EV Central

Volkswagen is plotting to reboot its Volkswagen Scirocco as a fast all-electric coupe that will share much with the incoming replacement for the Porsche 718 Boxster and Cayman. Created to be both a performance flagship for the VW brand, the Scirocco could be used to launch pioneering new tech for the German car-making group.

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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

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

.& 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 invests in Israeli start-up TriEye; SWIR technology for automated driving

Green Car Congress

Porsche has acquired a minority stake in the Israeli start-up, TriEye. 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. SWIR can be a key element: it offers enhanced safety at a competitive price.

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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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