article thumbnail

VW’s Porsche IPO shaping up to be Europe’s biggest listing in a decade

Teslarati

Volkswagen’s Porsche IPO is shaping up to be Europe’s biggest listing in a decade as it targets a €70 to €75 billion valuation. . Porsche AG from EUR 76.50 Porsche AG from EUR 76.50 Volkswagen AG plans to place a total of 113,875,000 preferred shares from its holdings with investors during the Porsche IPO. to EUR 82.50

Porsche 79
article thumbnail

Porsche 911 GT3 R Hybrid Using Williams Flywheel KERS

Green Car Congress

Porsche AG will introduce the 911 GT3 R hybrid for production-based GT racing at the upcoming Geneva Motor Show in March. In October 2009, Williams F1 and the Qatar Science & Technology Park (QSTP) formally signed an agreement to inaugurate the Williams Technology Center (WTC). Phantom diagram of the 911 GT3 R Hybrid. Click to enlarge.

Porsche 299
article thumbnail

VW and Porsche to Merge; New Integrated Auto Group with 10 Brands, Led by VW

Green Car Congress

At its extraordinary meeting today, Volkswagen AG’s Supervisory Board approved the comprehensive agreement to create an integrated automotive group with Porsche, led by Volkswagen. Porsche Automobil Holding SE’ss Supervisory Board has also approved the concept for the combination of the two companies.

Porsche 150
article thumbnail

Volkswagen and Qatar strengthen agreement

Green Cars News

As one of the hottest (figuratively and literally) emerging markets in the world, the Emirate of Qatar is garnering attention from some of the leading automakers as they bid to test new materials under challenging climatic conditions.

Qatar 32
article thumbnail

Williams F1 and Kinetic Traction Systems partner to advance composite flywheel energy storage technology for rail and grid applications

Green Car Congress

WHP’s mobile flywheel systems have been successfully applied in applications such as the Porsche 911 GT3 R hybrid. The co-operation will also see further development and enhancements to the GTR undertaken by Williams F1’s energy storage team based at the Williams Technology Centre in Qatar. Earlier post.).

article thumbnail

Breaking news: VW and Porsche to merge

Green Cars News

At an incredible meeting yesterday, Volkswagen AG’s Supervisory Board approved an agreement to create an integrated automotive group with Porsche. Porsche will remain an independent company. Meanwhile, negotiations will continue with the Emirate of Qatar to acquire options on Volkswagen shares.

Porsche 39
article thumbnail

Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

In the Netherlands, the Karma ranked second in volume to the Porsche Panamera in the segment for four-door luxury sedans (of all powertrain types) in the January-April, 2012 period. Al-Futtaim and its network of experienced retailers will allow Fisker to reach customers in the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Egypt.

Fisker 277