Porsche
German automaker part of the Volkswagen group
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German automaker part of the Volkswagen group
After the historic public listing of Volkswagen’s sports performance brand, Porsche, the automaker’s chief financial officer (CFO), Arno Antiliz, says VW is ready and well funded to execute its EV strategy. He also mentions the possibility of listing its battery unit, PowerCo, to free up even more funds and accelerate battery cell development.
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After successfully launching the all-electric Taycan, Porsche is ready to take another giant step into the EV market. The German automaker plans to introduce its Porsche Panamera EV, a full-size luxury car, as part of its plans to speed up its electric transition.
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On his first official day taking over the reins of Europe’s largest automaker, VW’s new CEO, Oliver Blume, announced his plans to double down on electric vehicles. In an internal interview, Blume says Volkswagen will accelerate its EV transition as consumers increasingly prefer electric models.
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Porsche AG is sharing ambitious goals for one of its upcoming EVs as the German automaker slowly but surely transitions toward an all-electric range of sports cars under the Volkswagen Group umbrella. If and when Porsche’s all-electric version of the Macan makes it into production, the automaker expects to reach a production output to match its current combustion version.
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Porsche is announcing today a new partnership with Cherry Street Energy to build a microgrid solar panel microgrid at One Porsche Drive in Atlanta.
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Tesla lost its fastest lap record for a production series electric car at the Nürburgring race track to Porsche Taycan, which originally held the record and motivated Tesla to beat it.
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Porsche hasn’t been coy about its electric bicycle ambitions over the last few years, but now the company is jumping in with both feet as it starts two new electric bicycle companies to expand its reach in the e-bike market.
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Surprising news has emerged out of Germany today, as Volkswagen Group chairman and CEO Herbert Diess has announced he is stepping down from this position at the company and will be replaced by Porsche AG CEO Oliver Blume.
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Prior to the release of its 2023 Taycan models this fall, Porsche has shared details about updates. For the fourth year of Taycan EVs, Porsche is delivering a slew of software improvements, which will eventually roll out to earlier versions too. Consumers can expect a few hardware upgrades as well, but not many.
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In a recent interview, Porsche CEO Oliver Blume confirmed the German automaker plans to launch a sporty new all-electric SUV that will be positioned as top-tier model above both the Cayenne and Macan. The new SUV appears to have been somewhat expedited as Porsche faces delays on its all-electric Macan SUV due to software development issues at parent company Volkswagen Group.
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Following a completed SPAC merger and fruitful first half of 2022, Polestar continues to ingrain itself in a growing EV market as a genuine contender. Although we won’t see the official debut of the Polestar’s next EV until October, CEO Thomas Ingenlath has shared the starting pricing of the Polestar 3. Additionally, Ingenlath shared insight on the pricing the Swedish automaker is aiming for on the Polestar 4.
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In 2022, electric vehicle sales continue to boom. Nearly all legacy automakers have set end dates for manufacturing new combustion vehicles and have begun introducing all-electric options into their fleets more and more. This year alone, the world will see over twenty new electric vehicle models ranging from most expensive, to rather affordable. Below is a list of which EVs are or will soon be available, and how expensive they are.
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German automotive manufacturer Porsche isn’t sitting in the slow lane when it comes to expanding the company’s reach in the electric bike market. Porsche’s latest power move in the two-wheeled EV industry just saw it buy up Fazua, an innovative electric bicycle drive manufacturer.
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Group14 Technologies, a manufacturer of silicon-carbon tech for lithium-silicon batteries, announced it has raised $400 million in a Series C funding round led by Porsche AG. Group14’s technology can help deliver better-performing cells compared to traditional lithium-ion batteries and will use the funds to begin building a second manufacturing facility on US soil to expedite tech to Porsche.
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Porsche AG is testing the possibilities of vehicle-to-grid (V2G) technology in its EVs, but taking it a step further. Rather than just deliver EVs like the Taycan that can supply energy back to the grid rather than just pull from it, Porsche has run a V2G pilot program that utilizes “swarms” of EVs whose high-voltage batteries are pooled to help keep the local electrical grid stabilized.
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After sharing long-term electrification goals during a recent financial report, new details of future Porsche EVs have emerged including plans for an electric 911. What might be even more mouth-watering (if true) is that the German automaker has been working with Quantumscape to integrate solid-state batteries into future Porsche EVs like the electric 911.
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Porsche has updated its electrification goal today with the release of its financial results. The German automaker now sets a goal for 80% of sales to be all-electric by 2030.
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Porsche isn’t playing around when it comes to electric bikes. Not only has the German automaker already launched its own line of electric bicycles, but now we’re getting word that Porsche has bought up yet another company in the e-bike industry.
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The ABB FIA Formula E World Championship has selected the all-electric Porsche Taycan as its official Safety Car for season 8. The new SC is set to make its formal debut at the opening round of the Formula E season later this month in Diriyah, Saudi Arabia.
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Porsche just released its 2021 sales figures, and you’d never know there was any kind of supply problems from looking at them. Porsche Cars North America (PCNA) had its best year ever in 2021, up 22 percent from the pandemic-stained 2020 and 14 percent above the record set in 2019.
Even bigger news? It was Porsche’s electrified lineup that led the charge in 2021.
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For Electrek‘s first drive of the Grand Turismo Sport (GTS), Porsche brought us out to Willow Springs race track in the high desert, northeast of Los Angeles. The cars it gave us were stock models with nothing you can’t option at a Porsche dealer. Our basic instructions were to try and follow the professional drivers ahead of us and listen for instructions— and that was pretty much it.
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Porsche is diving even deeper into the electric bicycle market with its announcement today that the company acquired a majority stake in Greyp Bikes.
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As expected, Porsche is adding new GTS versions of the Taycan electric sedan and Cross Turismo to offer a longer range alternative to the Turbo versions.
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The Porsche Taycan has been selling incredibly well after great reviews and a popular Cross Turismo variant launched to great fanfare. But in just its second year, it is already besting the iconic 911?
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