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Porsche, Customcells plant to start production in 2024 with 100 MWh/year; Si anode, BASF HED NCM cathode

Green Car Congress

In June, Porsche announced an investment 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. Earlier post.).

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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 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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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. In Norway, 90% of all Panamera customers order a hybrid model, while in Finland the figure is 85%. Porsche is investing around €1 billion (US$1.2 Earlier post.) Panamera Turbo S E-Hybrid.

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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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Europe’s Most Financed Luxury Car Brand

EV Info

It’s a 3-way tie for 2nd place as Porsche, Tesla & Mercedes-Benz are the most popular luxury car brands in 3 countries each. Porsche dominates the luxury car finance industry in the neighbouring eastern European countries of Hungary, Ukraine and Romania. Audi is 5th place with 2 countries.