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Home » Automobile » Porsche » Porsche and Group14 Develop High-Performance Electric Vehicle Batteries
Battery

Porsche and Group14 Develop High-Performance Electric Vehicle Batteries

By David SmithMay 8, 2022No Comments2 Mins Read
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Porsche develops and manufactures battery cells that claim to be high-performance, the sports car manufacturer acquired a stake in US company Group14 Technologies, a manufacturer of advanced silicon-carbon technology for lithium-ion batteries.

As the main investor, Porsche raised 100 million US dollars and led a Series C funding round in, in total, several companies invested a total of 400 million US dollars (about 328 million euros).

Group14 Technologies, based in Woodinville in Washington state, intends to use the capital increase to accelerate production of anode materials for lithium-ion batteries worldwide.

See also: Porsche Offering Camping Trips with Taycan Turbo S Cross Turismo

Before the end of the year, Group14 will lay the foundation for another plant for battery active materials (BAM) production in the US. In the future, Group14 will also supply the Cellforce Group of TĂŒbingen and Porsche is claimed to hold the majority stake.

The Cellforce battery cells are expected to be used in electric Porsche vehicles with high-performance powertrains.

See also: Porsche want 80 percent of new vehicles sold by 2030 will be fully electric

Michael Steiner, Member of the Executive Board for Research and Development said, “The chemical characteristics of the new cell, fast charging, high performance and low weight, are in line with the development goals we outlined in the specifications for our prospective electric sports car.”

See Also:

  1. What we know so far about Solid-state batteries for EVs
  2. US announces US$3.1 billion in funding to develop electric vehicle battery
  3. Panasonic builds electric vehicle battery factory for Tesla in United States
  4. Nissan Partners with NASA, Develops Latest Battery Technology for Electric Vehicles
  5. Wiesmann Project Thunderball : Specs, Range and Price
Battery Charging Invest Lithium Lithium-ion Taycan Turbo S Taycan Turbo S Cross Turismo Technology
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