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Group14 raises $400M in Series C; Porsche leads with $100M

Green Car Congress

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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Blackpink’s Jennie and Porsche team up again, this time for charity [Photos]

Teslarati

Blackpink’s Jennie is teaming up with Porsche again to raise funds for charity. Porsche plans to auction off another version of the Jennie Ruby Jane Taycan, designed by the Blackpink member. Porsche has been contributing to Green Umbrella Children’s Foundation since 2017.

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Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

Green Car Congress

In addition to its two US factories, Group14 has announced an additional BAM factory as part of a joint venture factory in South Korea with SK Inc. The forthcoming BAM factories are engineered for modular manufacturing with each module capable of producing 2,000 tons of SCC55 annually.

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2016 Chevy Cruze Hatch, Tesla & Panasonic, Porsche 918 Spyder Finale: Today's Car News

Green Car Reports

Today, we've got a report of a hatchback version of the new 2016 Chevrolet Cruze, potential differences between Tesla and Panasonic on electric-car battery development, and the end of the line for the Porsche 918 Spyder plug-in hybrid supercar. South Korea already offers generous electric-car incentives, but.

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Phone switchboxes could power EV charging, claims UK telecom firm

Baua Electric

Porsche Taycan charging To be considered for EV charging, BT Group requires a cabinet to have a 100-amp power connection and be located within 80 meters (262 feet) of a parking sport designated for EV charging. by 2025, and the city of Seoul, South Korea, which is pushing for more than 200,000 public EV chargers by 2026.

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Hyundai and Kia recall 170,000 EVs in Korea over software glitch, is the US next?

Baua Electric

After a two-year delay over software, Porsche finally unveiled its all-electric Macan EV in January. South Korea also introduced a new EV subsidy plan that benefits domestic automakers like Hyundai and Kia while penalizing cheaper batteries from China.

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Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

The team in India includes Sami Jain, who previously worked for Porsche on the legacy automaker’s electrification effort. Tesla shifted its other workers from India to focus on the APAC unit, including Australia, New Zealand, South Korea, and Taiwan. . The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets.

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