CONNECT WITH US

Porsche's battery ambitions falter as Cellforce reportedly slashes 70% of jobs

Lillian Chen, Taipei; Eifeh Strom, DIGITIMES Asia 0

Credit: Digitimes

Amid weakening demand for electric vehicles (EV), German automaker Porsche is reportedly set to abandon in-house battery production efforts. As a result, its battery subsidiary Cellforce Group is expected to undergo significant downsizing, with approximately...

The article requires paid subscription. Subscribe Now