In Short : Porsche has launched a pilot project to recycle high-voltage EV batteries, creating a closed-loop system for raw material recovery. The process involves shredding used batteries into black mass, extracting valuable metals like lithium and cobalt, and using them to produce new cells. This circular approach supports sustainability and reduces reliance on volatile […]
Porsche plans new electric luxury SUV as profit rises – EQ Mag
Porsche unveiled plans to launch a new all-electric SUV as it reported a rise in sales and profit in its first annual earnings since parent Volkswagen took the sports-car maker public last year, according to the Wall Street Journal. The German company said on Monday that the new luxury SUV would be a cornerstone of […]
Porsche Invests in ABB’s Electric-Vehicle Charging Business – EQ Mag
ABB Ltd.’s electric-vehicle charging business has raised additional funds from minority investors including Porsche SE and General Atlantic in a second and final round before listing the division. The division, ABB E-Mobility, sold a 12% stake for 325 million Swiss francs ($355 million) to General Atlantic’s BeyondNetZero climate fund, Singapore’s sovereign wealth fund GIC, UK-based […]
Porsche plans to make over 80000 Macan EVs, launch likely next year – EQ Mag Pro
Porsche Macan EV is in development, and will likely launch sometime between 2023 and 2024. The Macan EV is currently in development. Audi Q6 e-Tron. Volkswagen’s sportscar brand Porsche The company hopes to sell more than 80,000 units Macan EV is an equivalent number to the internal combustion engine version of the SUV. Porsche Chief […]
Porsche strengthens commitment to industrial production of eFuels – EQ Mag Pro
Porsche is investing USD 75 million in HIF Global LLC. In return, the sports car manufacturer is acquiring a long-term stake in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta […]
Siemens, Porsche to set up CO2-neutral fuel plant in Chile – EQ Mag Pro
Siemens Energy and sports car manufacturer Porsche have joined forces with a number of international companies to build an industrial plant for the production of virtually CO2-neutral fuel (eFuel) in Punta Arenas, Chile. The ground-breaking ceremony for this pioneering project took place today in the presence of Chile’s Energy Minister Juan Carlos Jobet. A pilot […]
BASF, Porsche to Develop High-Performing Lithium-Ion Batteries
BASF will provide materials for high-performance battery cells for fast charging and high energy density. Cellforce Group will produce the high-performing batteries. Berlin : Germany’s BASF said on Wednesday it has been chosen as the exclusive partner to develop high-performing lithium-ion batteries for electric vehicles with Cellforce Group, a joint venture between Porsche and Customcells. […]
Tesla to Launch High-End Model S ‘Plaid’ to Fend Off Mercedes, Porsche
Tesla Inc will deliver a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz and Lucid Motors in the luxury electric vehicle market. Tesla Inc will deliver a high-performance version of its Model S on Thursday, aiming to reignite […]
Porsche to participate in fundraising of electric supercar maker Rimac
Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 million euros ($157 million-$181 million). Porsche owns a 15.5% stake in Rimac Automobili and could raise its stake to just below 50% in a deal that would also include the transfer of Volkswagen’s supercar brand […]
Porsche created a huge EV charging truck that can recharge 10 Porsche Taycans at once — see how it works
Porsche created an electric vehicle charging truck that can recharge 10 Taycans at once.Read More.. Source : businessinsider