Batteries

Porsche to Make High-Performance Battery Cells in Germany

Small-scale production near Stuttgart slated to start in 2024
Traditional carmakers seek to expand technological expertise

Oliver Blume unveils the new Porsche AG Taycan luxury electric automobile.Photographer: Krisztian Bocsi/Bloomberg

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By Christoph Rauwald

June 20, 2021 at 8:42 AM UTC

Updated on

June 21, 2021 at 10:10 AM UTC

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Porsche AG will develop and produce battery cells for electric sports cars in a new joint venture with a German lithium-ion specialist, taking a hands-on role in expanding its technological edge.