‘Not Economically Viable’: Porsche Cancels Plans For In-House Battery Production
Porsche will no longer pursue plans to make its own high-performance battery cells, calling the pursuit “not economically viable.” The carmaker said slower demand for EVs in the U.S. was part of the reason why it shelved its battery plans. Porsche’s battery division, Cellforce, will shift focus to R&D instead. Porsche is abandoning plans…
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