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June 21, 2021 03:07 pm GMT

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 with lithium-ion battery developer Customcells. Porsche invested in the high double-digit millions in the new joint venture, dubbed Cellforce Group GmbH, executive board […]

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