Green Car Congress

MARCH 9, 2021

The Supervisory Board of Porsche AG agreed to increase its stake in Rimac Automobili from 15% to 24% with the investment of an additional €70 million. Porsche joined the young technology and sports car company as an investor in 2018 and increased its stake to 15% in September 2019. Mate Rimac inspires us with his innovative ideas.

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Porsche Financing Manufacturer IDEA 186

Green Car Congress

MARCH 16, 2018

Porsche will invest more than €6 billion (US$7.4 Plans for derivatives of the Mission E are also under way: last week at the Geneva show, Porsche presented a production-ready concept study of the Mission E Cross Turismo. —Oliver Blume, Chairman of the Executive Board of Porsche AG. Earlier post.) Earlier post.)

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Porsche Automobile Manufacturer 2017 Concept 247

Teslarati

FEBRUARY 24, 2022

On February 24, 2022, Porsche Automobil Holding SE (Porsche SE) and Volkswagen agreed to “further examine and generally support the feasibility” of a potential Porsche IPO. The possible IPO of Porsche AG would generate funds to help Volkswagen AG increase electric vehicle production and digitalization. . “We

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Baua Electric

MAY 3, 2023

Porsche reaffirmed its objectives for 2023 of hitting a go back on gross sales of 17 p.c Porsche mentioned its go back on carmaking was once 18.2 Porsche is making plans an all-electric high-performance crossover above its Cayenne, slated for round 2026, as a part of a plan to spice up working margins to greater than 20 p.c.

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Green Car Congress

JANUARY 20, 2021

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. It will also allow Volta to begin its international expansion.

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Charging Financing Store Porsche 417

Green Car Congress

APRIL 6, 2022

Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 The new funding will help scale the business to a global commercial and production footprint, maximizing its sustainability impact.

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Volvo Porsche BMW Recharge 259

Green Car Congress

DECEMBER 12, 2022

Porsche, a second existing investor, also took part in the financing round. Customcells—with locations in Itzehoe and Tübingen—is a spin-off of the Fraunhofer Society and has been active in the development and series production of state-of-the-art lithium-ion battery cells for more than 10 years.

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Lithium Ion Porsche Financing Batteries 210

Green Car Congress

APRIL 5, 2023

The production lines for the two initial modules are expected to come online and begin manufacturing SCC55 for customers in 2024. The one-million-square-foot campus will be home to the world’s largest factory of advanced silicon battery materials for EV programs to meet global decarbonization targets.

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Commercial Batteries Battery Porsche 199

Teslarati

DECEMBER 10, 2021

Volkswagen has boosted the budget of Project Trinity as it plans to electrify its production facilities across Europe. Volkswagen intends to have eight manufacturing facilities in Europe that are completely catered to the company’s transition to electric vehicles across its many brands, including Audi, Porsche, and the Volkswagen ID.

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Production Audi Bentley Porsche 132

Baua Electric

MARCH 19, 2024

In a first drive of the 2025 Audi Q6 E-Tron , we saw the promise in Audi’s first fully conceived, best executed EV—thanks in part to the new PPE platform it shares with the Porsche Macan EV. And Fisker has paused production of its Ocean EV , as it seeks to sell down an inventory of about 4,700 vehicles.

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Green Car Congress

NOVEMBER 29, 2019

—Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “. By 2025, the Audi Group intends to have more than 30 electrified models in its product range, 20 of which will be fully electric. At around €12 billion, we will spend more than ever before on electric mobility by 2024.

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Audi Electric Electrical Financing 199

Green Car Congress

DECEMBER 4, 2018

We are consistently prioritizing our resources for future-oriented products and services that are highly attractive and relevant to the market. In order to finance its course for the future from its own resources, the company is systematically rolling out the Audi Transformation Plan.

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Audi Kits Porsche Concept 275

Green Car Congress

DECEMBER 3, 2020

The necessary finances are created by synergies in the Volkswagen Group—in both the e-platform strategy and in software development. Improvements in fixed costs, a leaner product portfolio, and savings in non-vehicle investments further contribute to the financial solidity of the Audi brand.

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Audi Hybrid Environment Porsche 261

Teslarati

JUNE 30, 2021

Lucid Motors CEO Peter Rawlinson recently shared some notable updates on the Air, the company’s first production vehicle, as well as his thoughts about the developing electric vehicle market. While speaking with Yahoo Finance , Rawlinson stated that the Lucid Air has just reached a new milestone with 10k reservations. .’

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Financing Gasoline-Electric Porsche Tesla 138

Teslarati

OCTOBER 20, 2023

It comes down to charging times, efficiency, margins, and weight, all things that are important to the company and its products, as well as its financial status. As Tesla plans to launch the Cybertruck, interest rates are high , discouraging consumers from wanting to finance anything. What are the strengths of an 800-volt architecture?

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Charging Volt Tesla Porsche 144

Baua Electric

MARCH 13, 2024

Read more Volkswagen AG is planning to launch a product offensive of 30 new cars including both electric and ICE vehicles, in an attempt to offset the gloomy growth outlook. Volkswagen’s finance chief Arno Anlitz has revealed that the OEM’s deliveries to customers rose 12 per cent to 92.4 lakh units in 2023.

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Global Cars Mercedes Porsche 52

Green Car Congress

SEPTEMBER 16, 2011

Volkswagen is laying the foundations for profitable, sustainable growth by building new production facilities, introducing new models and developing alternative drives, as well as with its modular toolkits. In addition, the Company will make cross-product investments of €17.1 billion net of proceeds from asset disposals.

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2016 Production Automobile Manufacturer 2012 210

Baua Electric

MAY 20, 2024

A report by Senate Finance Committee Chairman Ron Wyden’s staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. imported vehicles.

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Land Rover Chinese BMW Parts 40

Green Car Congress

NOVEMBER 20, 2015

Most of the capex is earmarked for new products, the continuing rollout and enhancement of the modular toolkits, and the completion of ongoing investments to expand capacity. These investments will be financed from the joint ventures’ own funds. We are operating in uncertain and volatile times and are responding to this.

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Poland Audi Mexico Porsche 150

Green Car Congress

MAY 9, 2018

The product plan includes more than 20 electrified models in rapid succession until 2025. The production version of the Audi e-tron prototype is the first result of the Roadmap E initiative. Following Brussels’ example, Audi will make all its production sites worldwide CO 2 neutral by 2030.

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Baua Electric

MAY 23, 2024

On Thursday, the Volkswagen Group’s finance chief said it is in concrete talks about partnering up on passenger car production in India. Volkswagen Group is present in the market with its Skoda, Volkswagen, Audi, Porsche and Lamborghini brands. My hopes and wishes follow in the same way.

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Future Auto India Cars 52

Green Car Congress

JUNE 2, 2016

Together with Volkswagen, we can further add to our range of products and services. Special package offers will conveniently pool various costs such as purchase or finance as well as the necessary insurance and servicing. We already provide the quickest, safest, most reliable on-demand mobility solution.

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Drive Electric

APRIL 5, 2023

It is one of the most cost-effective ways to cut our greenhouse emissions, because it reduces the $9b a year New Zealand spends importing oil products from overseas,” said Mr. Gilbert. . “Moving to electric vehicles as quickly as possible is the right move for the environment and the economy.

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Green Car Congress

APRIL 29, 2016

The operating profit was boosted by the higher volume and exchange rate developments, while upfront investments in new products and technologies as well as the expansion of the international production network had a negative impact. billion, Porsche sales revenue exceeded the prior-year figure by 25.2%. Amounting to €5.1 (5.2)

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Green Car Congress

JANUARY 8, 2014

Noting that 2013 was “by and large” highly successful for Tesla, Navigant suggests that the company will face a set of new challenges this year, the largest of which will perhaps be the scaling up the production of vehicles. First, there are more products available for purchase with new entrants ready to boost the market profile.

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Get Electric Vehicle

APRIL 20, 2022

While battery packs commonly catch fire due to overheating or charging, they can also spontaneously combust in rare cases, with contamination of even a single cell during production being a likely cause. Another issue is that rescuing a group of EVs that has gone up in flames is a difficult undertaking. .” Cell Form & EV Fire.

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Water Batteries Battery United Kingdom 40

Baua Electric

MARCH 23, 2024

2025 Audi SQ6 E-Tron In a preview drive of the 2025 Audi Q6 E-Tron , we saw the promise in Audi’s first fully conceived, best executed EV—thanks in part to the new PPE platform it shares with the Porsche Macan EV. As it seeks to sell down an inventory of about 4,700 vehicles, Fisker has paused production of its Ocean EV.

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Lexus Audi PHEV Fisker 52

EV Adoption

MARCH 9, 2021

The announcement is specifically for VW-branded vehicles and does not apply to other brands in the VW portfolio (Audi, Porsche, SEAT, Bentley, etc.). ” – March 7, Business Insider via Yahoo Finance. In the U.S. and China, it expects half of its sales to be EVs by that time frame.

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GM Hummer GMC Batteries 52