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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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Porsche expanding open source software initiative; FOSS

Green Car Congress

Porsche is expanding its open source initiative and has published a strategic guide to using free and open source software (FOSS). By using open source software, Porsche says it is able to shorten development cycles, reduce costs, promote innovation and talent and improve software quality.

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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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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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Porsche 911 goes electric! T-Hybrid boosts heavily updated 992.2 generation supercar with innovative electric turbo and 40kW electric motor

EV Central

The new Porsche 911 T-Hybrid system comes as part of a major series two upgrade to the 992-generation car, known as 992.2. READ MORE: 2024 Porsche Macan review: First drive of one of the most important new electric cars of the year The 911 992.2 2025 Porsche 911 GTS (generation 992.2), seen as a Targa, Coupe and Cabriolet.

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EV charging network builder Volta announces $125M in Series D funding

Green Car Congress

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.

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