article thumbnail

Porsche and UP.Labs to build startups tailored for Porsche’s business

Green Car Congress

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.

Porsche 150
article thumbnail

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.

Porsche 150
article thumbnail

Porsche secures third straight FIA WEC Manufacturers’ World Championship title with the 919 Hybrid

Green Car Congress

Porsche has earned a third consecutive Manufacturers’ World Championship title with the 919 Hybrid. The Porsche 919 Hybrid has netted six world championships, three outright Le Mans wins, a total of 17 race wins including seven double victories, 19 pole positions and twelve fastest race laps from 33 races. Click to enlarge.

Porsche 150
article thumbnail

Porsche launches carbon offset program in US

Green Car Congress

Porsche Cars North America, Inc. PCNA) has enrolled all cars at its two Experience Centers—sand its fleet in the monthly subscription pilot, Porsche Passport—sin Porsche Impact. Porsche customers can choose from four different internationally certified projects to support.

Porsche 207
article thumbnail

Porsche 718 Cayman GT4 Clubsport MR with new natural-fiber composite body kit

Green Car Congress

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.

Kits 207
article thumbnail

Porsche Digital launches partnership with start-up home-iX

Green Car Congress

Through its subsidiary Porsche Digital, Porsche is now involved with Stuttgart-based technology company home-iX. The B2B start-up specializing in smart living solutions was set up in 2016 by former Porsche employees Mehmet Arziman and Heiko Scholtes. For the moment, Porsche Digital holds a minority share in home-iX.

Porsche 150
article thumbnail

Porsche invests in start-up Evopark

Green Car Congress

The newly founded Porsche Digital GmbH is investing “a seven-digit sum” in parking solution specialist Evopark. Porsche will hold a minority stake in the Cologne-based start-up, which is seeking to revolutionize parking in urban areas. This investment is the first by Porsche Digital GmbH since its founding in May 2016.

Porsche 150