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Group14s Series C supports Porsche AG to electrify its models and meet the demand of the global EV market Diverse set of institutional investors back the...

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TodayHeadline Porsche takes stake in battery materials maker –

Porsche Taycan buyers may not have to choose between range and handling after all. Porsche’s latest investment in battery technology company Group14 Technologies means their EV batteries will soon offer better performance in a smaller, lighter package.

Last year, almost 40% of all new Porsche vehicles delivered in Europe were already at least partly electric – i.e. plug-in hybrids or fully electric

Porsche has reported an all-time record high in revenue and profits for the 2021 financial year, with operating profit jumping 27 per cent on the previous year as the company plans to invest in electrification technologies while striving to hit 80 per cent electric vehicle sales share by 2030.

Porsche's ambition for 2030: More than 80% EVs in the lineup.

Last year, almost 40% of all new Porsche vehicles delivered in Europe were already at least partly electric—i.e. plug-in hybrids or fully electric models. In 2025, half of all new Porsche sales are expected to come from the sale of electric vehicles—again, all-electric or plug-in hybrid, said Oliver Blume, Chairman...

The need for the charging network arises as almost 40 per cent of all new Porsche vehicles delivered in Europe were already at least partly electric, i.e. plug-in hybrids or fully electric model.

Porsche sold 301,915 cars in 2021, with its CEO confirming the fully electric 718 for 2025