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Porsche invests in high-performance battery JV Cellforce; Si anodes; BASF NCM cathode materials

Green Car Congress

Porsche is investing a high double-digit-million amount in its new joint venture company Cellforce Group GmbH. Porsche and joint venture partner Customcells, a spin-off from Fraunhofer, also announced the launch of production of high-performance battery cells at Porsche’s Weissach Development Center.

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Porsche reports ~60% of new Panamera models delivered in Europe are with plug-in hybrid drive; ramping up for Mission E

Green Car Congress

Porsche reports that around 60% of all new Panamera models that have been delivered in Europe were equipped with a hybrid drive. The new Panamera plug-in hybrid models were launched on the European market in June 2017. In Norway, 90% of all Panamera customers order a hybrid model, while in Finland the figure is 85%.

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THINK Restarts Production of EVs in Finland

Green Car Congress

THINK, the Scandinavian electric vehicle (EV) maker, has re-started production of the THINK City—one of the first urban EVs—at a new facility with manufacturing partner Valmet Automotive in Uusikaupunki, Finland. Valmet Automotive also produces Garia and Fisker alternative-fuel vehicles as well as Porsche AG’s Boxster and Cayman.

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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

Green Car Congress

China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. Valmet Automotive is one of the largest automotive contract manufacturers in the world.

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THINK Selects Indiana for Think City EV Assembly

Green Car Congress

THINK’s investments in Elkhart County will support manufacturing capacity for more than 20,000 vehicles a year. European production of the THINK City is already underway in Finland with manufacturing partner Valmet Automotive, which also assembles the Porsche Boxster and Cayman models for Porsche AG.

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THINK City EVs with EnerDel Li-ion Packs Enter Production

Green Car Congress

Our ancillary drivetrain business, stripping out THINK’s drivetrain technology and combining with the EnerDel solution, is particularly powerful, allowing an impressive time-to-market advantage for third parties.

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THINK Sending 3 EVs to Brazil in Collaboration with CPFL Energia

Green Car Congress

Billion in 2009, engages in the generation, distribution, and commercialization of energy through its many subsidiaries in the Brazilian electricity sector, both in free and regulated markets. CPFL Energia S.A., with revenues of US$6.0 million consumers. It serves residential, industrial, and commercial customers.

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