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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. Our investment in Group14 is an important step for Porsche’s M&A activities.

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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. kWh, and a net battery capacity of 83.7

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Phone switchboxes could power EV charging, claims UK telecom firm

Baua Electric

telecom firm BT Group this week announced a pilot program to add EV charging to street cabinets typically used to house broadband and phone cables. EV-charging capability can also be added to cabinets due for retirement, BT Group noted. The company aims for as many as 600 refits by the end of 2024.

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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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Iain Curry’s best electric car of 2023: Hyundai Ioniq 5 N

EV Central

With sensible hat on we can appreciate EVs with efficiency, long range, fast charging and silky silent smoothness. An N Grin Mode adds an additional 30kW and 30Nm for a ten second burst, upping the power to Porsche 911 Turbo S levels. Rapid charging, V2L and liveable 448km range seal the deal. That’s the Ioniq 5 N.

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

Baua Electric

This can cause charging issues or possibly a loss of power while driving. Although the 2023 IONIQ 6 is not being investigated, several complaints have been filed with the NHTSA due to charging issues. After a two-year delay over software, Porsche finally unveiled its all-electric Macan EV in January.

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This electric supercar maker is launching a robotaxi service with Kia’s help

Baua Electric

That’s 30 seconds faster than the Tesla Model S Plaid (Porsche also just ran a 7:07:55 lap in a pre-series Taycan). It will operate within a network Rimac is developing that includes charging, parking, and storage. The all-electric Rimac Nevera broke 23 performance records last year in one day – a record itself.

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