Porsche

Porsche’s all-electric Taycan outsells its flagship 911 sports car

The all-electric Porsche Taycan outsold the German automaker’s iconic internal combustion-powered 911 sports car in the first nine months of the year, a milestone for the EV that was introduced

Porsche expands online marketplace to include US inventory of new cars

Porsche Cars North America has added its entire U.S. inventory of new cars to its online marketplace as the company seeks to keep up with customer demands and the industry's shift to digital commerce.

Industrial cybersecurity startup Nozomi Networks secures $100M in pre-IPO funding

Nozomi Networks, an industry cybersecurity startup that aims to shield critical infrastructure from cyberattacks, has raised $100 million in pre-IPO funding.  The Series D funding round was led by Tr

Automakers have battery anxiety, so they’re taking control of the supply

Battery joint ventures have become the hot must-have deal for automakers that have set ambitious targets to deliver millions of electric vehicles in the next few years.

EU fines BMW, VW $1B for running emissions cartel since the 90s

As environmental issues really came of age in the 1990s, certain German automakers were meeting in secret groups to make sure their cars would continue to industriously contribute to greenhouse gas em

VW offloads Bugatti to Rimac to form new EV company Bugatti-Rimac

Croatian electric supercar startup Rimac Automobili is taking over Bugatti. Rimac will own a controlling 55% share in the new company, Bugatti-Rimac, with VW’s Porsche owning the remaining 45%,

Porsche to make high-performance batteries in joint venture with Customcells

Luxury sports car manufacturer Porsche AG is going into the battery business. The automaker said Monday it plans to open a new factory that will produce high-performance cells through a joint venture

Just one more week to go until TC Sessions: Mobility 2021

Electric hypercar phenom and founder Mate Rimac is heading to TC Sessions: Mobility 2021

A decade ago, Rimac Automobili was a one-person startup in a garage. Today, the EV and technology company founded by Mate Rimac employs more than 1,000 people, has partnerships with Porsche and Hyunda

Porsche makes its case for an all-electric Taycan wagon

Porsche has always gone its own way when it comes to creating new vehicles. It is, after all, the company that continues to stick to the wacky idea that putting the weight of an engine in the rear of

Porsche adds the all-electric Taycan to its subscription program

Porsche has added its first all-electric vehicle, the Taycan sports sedan, to its subscription and short-term rental program as part of a broader expansion that aims to build a new customer base of U.

BMW takes the wraps off the i4, its first all-electric sedan

BMW plans to have 25 electrified cars in its lineup by 2025 and it’s taking a few more steps in this direction this year with the launch of the all-electric iX SUV and the i4 sedan. Today, for t

Porsche raises stake in electric car and components maker Rimac Automobili

Porsche unveils two new electric bikes alongside the Taycan Gran Turismo

Porsche is taking its electrification ambitions to two wheels. The German automaker unveiled two electric bikes Thursday, alongside the global debut of the Porsche Taycan Cross Turismo, the latest var

Allbirds is investing in a plant-based leather substitute, plans faux-leather shoe drop in December

The sustainability focused shoe maker Allbirds has taken another step to green its supply chain with a small $2 million investment in a new company called Natural Fiber Welding. Announced this morning

Porsche and Axel Springer increase investment into early-stage fund APX to €55M

Berlin-based early-stage fund APX today announced that its two investors, European publisher Axel Springer and sports car maker Porsche, have increased their investment in the fund to a total of €55

Ad-supported EV charging network developer Volta raises $125 million

Volta, the developer of a network of electric vehicle charging stations that monetize using advertising, has raised $125 million in new funding in a process managed by Goldman Sachs. Volta builds and

Lidar startup Aeva to go public via $2.1 billion SPAC merger

Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with special purpose acquisition company InterPrivate Acquisition Corp.

Porsche is researching synthetic fuels to make gas-powered cars sustainable

The road to sustainable vehicles likely ends at electric cars, yet the route to this goal isn’t clear. There are multiple ways to get there, and Porsche is looking at synthetic fuels as a potent

With $18M in new funding, Braintrust says it’s creating a fairer model for freelancers

Braintrust, a network for freelance technical and design talent that launched over the summer, is announcing that it has raised $18 million in new funding. Co-founder and CEO Adam Jackson has written
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