Cellforce

Porsche Invests in Cellforce for Production of EV Battery Cells

In a press release on Monday, Porsche announced plans to invest in its new high-performance battery subsidiary, Cellforce Group GmbH. While the company didn’t share a specific dollar amount, the release stated that Porsche is investing “a high double-digit million amount” in the new joint venture with battery company Customcells. Chairman of Porsche’s Executive Board […]