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Porsche opens first Charging Lounge

Green Car Congress

Porsche is planning to set up its own fast-charging stations offering a premium charging experience along Europe’s most important routes. As a pilot site, the first Porsche Charging Lounge has opened outside Bingen am Rhein. Further Porsche Charging Lounges are currently planned for Germany, Austria and Switzerland.

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Porsche announces price increases after crushing earnings estimates

Teslarati

Porsche has announced a new set of price increases alongside its incredible Q1 financial report, which crushed investor expectations. Since the end of the pandemic, Porsche has seen nothing but success across the board. According to statements from the Porsche CFO, more increases are on the horizon. Porsche pulled in 10.1

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Porsche expanding Charging Service in Europe; more than 49,000 charging points

Green Car Congress

Just a few months after the launch, Porsche is expanding its charging service for plug-in and electric vehicles ( earlier post ) by five countries and additional functions. A new feature offered by the Porsche Charging Service is a rating function. In Germany, the fee for using the Porsche Charging Service is €2.50 (US$2.86) per month.

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Tesla inventory volumes in Europe indicate potential upcoming price cut

Teslarati

4 The volume of Tesla inventory vehicles in Europe has spiked to its highest point this year, indicating the potential for another price cut. Now, trouble seems to continue for the American EV brand, which now sees a record number of inventoried vehicles in Europe. Most of that inventory build-up happened in Europe.”

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Porsche CFO says Europe may delay its ICE ban

Baua Electric

On the heels of unveiling the long-awaited all-electric Porsche Macan SUV, the company’s chief financial officer Lutz Meschke delivered what could be some dreary news, if it happens: He said that Europe’s plan to ban ICE vehicles by 2035 may get pushed back due to a slowing EV demand, reports Automotive News Europe.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

However, Porsche Chief Financial Officer Lutz Meschke was quoted by Automotive News on Thursday casting some doubts.& Despite Europe having adopted battery electric vehicles far more quickly than North America, the market is still confronting a lot of the same problems. .& I think it could be delayed."

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Porsche acquires stake in Fazua and plans joint ventures with Ponooc to expand involvement in e-bike market

Green Car Congress

Porsche is further expanding its involvement in the rapidly growing market for e-bikes by acquiring a stake in Fazua , an innovative manufacturer of e-bike drive systems, and establishing a strategic partnership with Ponooc Investment B.V. Porsche is acquiring 20% of the shares in Fazua GmbH. Ponooc is part of Pon Holdings B.V.—a

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