US EditionTaycan Stock: How Porsche Will Climb Out of 'the Trough' in 2025
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Another manufacturer who is forced to change its electric road map due to market circumstances. Porsche has announced that, due to lack of demand, which prevents economies of scale, it will not continue with its own power cell manufacturing plans. Movement takes place even though the position of the German brand is privileged in this respect: in the first 6 months of the year, 57% of its sales in Europe have been electrified, but the low perform…
Following several media reports last week, Porsche itself has now commented on its involvement with the battery company Cellforce. The sports car manufacturer therefore continues to see electromobility as a key drive system of the future, it explains in a recent press release. However, due to the slower ramp-up of electromobility and changing conditions in China and the USA, Porsche is reorienting its battery activities: As part of this, the Cel…
Taycan stock: How Porsche will climb out of 'the trough' in 2025
The firm's big bet on early electrification didn't go to plan – but it's now feeling cautiously optimistic ‘The battery cell is the combustion chamber of the future," said Porsche back in 2021. Such was the brand’s confidence that it could parlay its formidable ICE prowess into the EV era that it bought a German battery company called Cellforce, which promised high-performance, energy-dense packs worthy of EVs wearing the Porsche badge. In the f…
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