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Porsche participates in Rimac’s €500M Series D round

Green Car Congress

Porsche and Rimac are taking the next step in their collaboration with focus on the digital and electrified future of mobility. The total volume of the round is €500 million, with Porsche investing an eight-figure sum. The total volume of the round is €500 million, with Porsche investing an eight-figure sum.

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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

Green Car Congress

The Volkswagen Group’s Porsche and Croatian hyper-EV developer Rimac have agreed to set up a joint venture that incorporates Bugatti—another Volkswagen Group brand that is moving to the control of Porsche. Rimac will hold a 55% share in the Bugatti-Rimac joint venture, while Porsche will have a 45% share.

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Porsche brings the V-8 again to its ultimate gas-powered Cayenne

Baua Electric

LOS ANGELES — Porsche has put the combustion engine Cayenne at the trail to depart, however first, the automaker is giving the workhorse midsize crossover a midcycle freshening that feels extra like a redesign. To raise the riding revel in, Porsche has dialed up engine output around the Cayenne lineup. of Cayenne gross sales. .

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BMW Group, Daimler, Ford, Audi & Porsche JV for up to 350 kW CCS ultra-fast charging network along major highways in Europe

Green Car Congress

BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group with Audi and Porsche have signed a Memorandum of Understanding to create the highest-powered charging network in Europe. —Oliver Blume, Chairman of the Executive Board of Porsche AG. This will be an important step towards facilitating mass-market BEV adoption.

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Audi to invest ~€14B in electromobility, digitalization and autonomous driving over next 5 years

Green Car Congress

This planning round bears a clear signature: We are taking a very systematic approach to electric mobility and will be much more focused in future. We are consistently prioritizing our resources for future-oriented products and services that are highly attractive and relevant to the market. e-tron GT concept.

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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.

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Audi showcasing four battery-electric models at Geneva: e-tron, e-tron Sportback, Q2 L e-tron, Q4 e-tron

Green Car Congress

The company will introduce the series-production version of its coupé equivalent, the Audi e-tron Sportback, later in 2019. Concept cars at the stand in Geneva provide a look at these two future models. Another joint project of the development departments at Audi and Porsche is the Premium Architecture Electrification (PPE).

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