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Porsche spent €2.2B on R&D in 2016; PHEVs, Mission E BEV, digitalization

Green Car Congress

In FY 2016, Porsche spent €2.2 In 2016, the company founded Porsche Digital GmbH in Ludwigsburg and the Digital Lab in Berlin. Porsche also took a stake in the venture capital fund e.ventures and the parking service provider Evopark. FY 2016 was the company’s most successful. billion (US$2.4

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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 startups’ focus will revolve around Porsche’s core activities. The startups’ focus will revolve around Porsche’s core activities. Porsche is investing a sum in the double-digit millions for this purpose.

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

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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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Porsche launches carbon offset program in US

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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.

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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.

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VW says 3.0L diesel issue extends to MY 2009-2016, not just MY 2014-2016

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liter diesel engines from model years 2009 through 2016. Porsche AG and Porsche Cars North America an In Use Compliance Letter addressing concerns over test results for 2014, 2015, and 2016 vehicles with 3.0-liter liter diesel engines, alleging that these model years included defeat devices.

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Porsche Digital launches partnership with start-up home-iX

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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.

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