Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

Porsche has read the room. With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. Porsche injected $100 million into Group14 as part of a larger $400 million Series C […]

Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

2022-05-05 05:04