Porsche considers a stake in German battery maker Varta for electrification push.
Porsche, the luxury carmaker, is reportedly considering a stake in German battery maker Varta as part of a significant overhaul. Varta has shared two restructuring scenarios that could potentially lead to Porsche's investment, with the possibility of new investors involved. This potential partnership aligns with Porsche's push towards electrification and strengthening its involvement in the battery sector.
July 21, 2024
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