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Porsche to invest more than $7.4B in electromobility by 2022

Green Car Congress

Porsche will invest more than €6 billion (US$7.4 The money will be spent on derivatives of the Mission E ( earlier post ), hybridization and electrification of the current model range, as well as on developing a charging infrastructure and smart mobility. The charging time is four minutes for a range of approximately 100 kilometers.

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Porsche testing blockchain applications in cars

Green Car Congress

In collaboration with the Berlin-based start-up XAIN , Porsche is currently testing blockchain applications directly in vehicles—making Porsche the first automobile manufacturer to implement and successfully test blockchain in a car. —Uwe Michael, Vice President Electric/Electronic Systems at Porsche.

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Porsche SE acquires ~10% stake in real-time traffic information company INRIX; 1st step to complementing investment in VW AG

Green Car Congress

Porsche Automobil Holding SE has acquired a stake of around 10% in INRIX, one of the leading providers of real-time traffic information. For Porsche SE, the acquisition is the first step towards creating a portfolio of investments complementing its existing shareholding in Volkswagen AG.

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Infineon and XAIN to collaborate on bringing blockchain into the car

Green Car Congress

In connection with cars, feasible applications for this technology include automated payments, keyless access for car sharing schemes, on-demand services, tuning protection and automated driving functions. —Peter Schiefer, President of Infineon’s Automotive Division. —Leif-Nissen Lundbæk, founder and CEO of XAIN AG.

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EUCAR Recommends European 8th Research Framework Program Make Sustainable Mobility a Priority

Green Car Congress

EUCAR facilitates and coordinates pre-competitive research and development projects and participates in a wide range of collaborative European R&D programs. The European automobile manufacturers are the largest private investors in R&D in Europe with over €26 billion investments per annum, or 5% of turnover.

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EUCAR calls for targeted support for automotive initiatives in €80B Horizon 2020 program; targeting €5B budget

Green Car Congress

EUCAR facilitates and coordinates pre-competitive research and development projects and its members participate in a wide range of collaborative European R&D programs. EUCAR members are BMW, DAF, Daimler, Fiat, Ford of Europe, GM/Opel, Jaguar Land Rover, Porsche, PSA Peugeot Citroën, Renault, Scania, Volkswagen, Volvo Cars and Volvo Group.

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As An EV Maker, What Does It Take to Win the EV Race?

Get Electric Vehicle

The Race Among The Automobile Manufacturers The internal combustion engine (ICE) has powered our cars for over a century and is being gradually replaced by electric vehicles (EVs). If we observe and assess how much the companies are investing in the R&D we can bet on their future in the new automobile landscape.