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Snownny
2021-06-21

Porsche, boost yr ass

Porsche To Set Up Joint Venture To Make High-Performance Battery Cells: Report

Porsche, owned by Volkswagen AG,is setting up a joint venture with German battery maker Customcells

Porsche To Set Up Joint Venture To Make High-Performance Battery Cells: Report

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The production will begin in 2024.</li>\n <li>The company will use silicon as anode material for higher energy density and a more compact battery.</li>\n <li>Porsche will invest a high double-digit million euro sum in the joint venture and have an 83.75% stake in the joint venture called Cellforce Group.</li>\n <li><i>Related Link:For more electric vehicle news, check out Benzinga's EV hub.</i></li>\n <li>The production will take place in Tübingen, south of Stuttgart, Germany, and will have a capacity of 100 kilowatt-hours. This will translate into about enough batteries for 1,000 cars a year.</li>\n <li>The company has said that it will continue to test its battery technology in motorsports.</li>\n <li>In February,&nbsp;Porsche&nbsp;announced that it would invest $18.1 billion in the electrification of its vehicles over the next five years.</li>\n <li>Earlier, Volkswagen has said that it will continue to offer the Porsche&nbsp;911 model with internal combustion engines, albeit able to handle synthetic fuels.</li>\n <li>Volkswagen plans to build battery cell plants across Europe and expand infrastructure to charge electric vehicles globally.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Porsche To Set Up Joint Venture To Make High-Performance Battery Cells: Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The production will begin in 2024.\nThe company will use silicon as anode material for higher energy density and a more compact battery.\nPorsche will invest a high double-digit million euro sum in the joint venture and have an 83.75% stake in the joint venture called Cellforce Group.\nRelated Link:For more electric vehicle news, check out Benzinga's EV hub.\nThe production will take place in Tübingen, south of Stuttgart, Germany, and will have a capacity of 100 kilowatt-hours. 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