Kreisel Electric GmbH, an Austrian startup that made waves by going toe-to-toe with Tesla Inc.’s Model S in a converted Porsche Panamera, is pushing to take its technology off the test track.
After working out of a three-door garage on attention-grabbing projects like electrifying a Porsche in Steve McQueen’s 1971 Le Mans film, the company is now moving into a 10 million-euro ($12 million) research center and battery assembly plant in Reinbach, some 100 kilometers (62 miles) east of Innsbruck.
