Porsche will increase investment in EV systems and digital technology

Automotive company Porsche AG plans to expand its portfolio of offerings in the electric vehicle and digital services market this year. The planned buyout of stakes in other companies, which will provide access to new technologies and services, will help her in this.

The German sports car manufacturer continues “increase the rate of investment“Into new technologies and”will make several announcements this year“Porsche CFO Lutz Meschke (pictured above) told Bloomberg News in an email.

Porsche and Audi remain the core business units of the Volkswagen Group. In the first quarter of this year, they accounted for just over half of the operating profit of Europe’s largest automaker. During this period, sales of the electric Porsche Taycan have nearly equaled those of the iconic Porsche 911 sports car. Porsche’s operating profit more than doubled to 1,2 billion euros. The company’s revenue increased by 28% to 7,7 billion euros.

Two months ago, Porsche increased its stake in the Croatian electric supercar manufacturer Rimac. The company is currently in talks with battery companies, including Germany’s Custom Cells GmbH, to explore options for producing high-performance battery cells specifically for sports cars.




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