porsche

European markets are primed for the hotly anticipated Porsche initial public offering following news that Volkswagen is targeting a €75bn valuation upon its debut. Landing on the Frankfurt stock exchange on the 29th September, the stock’s flotation is set to be a major test for a...

Porsche will not be entering Formula 1 with Red Bull after all. Porsche was expected to purchase 50% of Red Bull’s F1 team and 50% of Powertrains, Red Bull’s new power unit manufacturer, according to a Financial Times report — but the pair weren’t able to...

A Baltimore-based Porsche dealership now accepts payments in Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: Porsche Towson partnered with cryptocurrency payments processor BitPay to enable cryptocurrency payments....

Volkswagen Group (OTC: VWAGY)-owned sports car maker Porsche AG could probably take two to three years to enter mass production for a potential project with Apple Inc (NASDAQ: AAPL), popular analyst Ming-Chi Kuo said on Sunday. What Happened: Kuo...

Rivian Automotive (NASDAQ: RIVN) has a focus on electric pickups and electric delivery vehicles, and it might have another mode of transportation in its sights.  What Happened: Electric vehicle company Rivian, which counts Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F) among...

Many celebrities own Tesla Inc (NASDAQ: TSLA) vehicles, as it is the largest electric vehicle company in the U.S. Although one celebrity, who has been a vocal supporter of the company and its CEO Elon Musk, took to Twitter Inc (NYSE: TWTR) to voice his frustration. What Happened: David Crosby, a...

The cover story in this weekend's Barron's offers investment opportunities as Europe's economy and markets rebound. Other featured articles discuss European airline stocks ready to soar, the worst retail stocks of the first half of 2021 and the passing of the baton at Amazon. Also, see...

Porsche, owned by Volkswagen AG (OTC: VWAGY), is setting up a joint venture with German battery maker Customcells to produce high-performance battery cells, Bloomberg reports.  According to the report, these battery cells will help vehicles reduce charging times,...

Porsche CEO Oliver Blume has said over 80% of the vehicles sold by the automaker by the end of this decade will be electric. This will include the hybrid as well as the fully electric variants, Bloomberg has reported, citing German outlet Bild am Sonntag.  What Happened: ...

Electric vehicle startup Lucid Motors said Tuesday that it has achieved the lowest drag coefficient of any production car. What Happened: The company said it achieved an industry record drag coefficient of 0.21.  The previous production vehicle to hold the record was the Porsche...

Sony Corp (OTC: SNEJF) is working on developing a new, more affordable lidar vision-sensing technology for self-driving cars, the Financial Times reports. What Happened In an attempt to dominate the market for image sensors in the nascent autonomous-vehicles industry, Sony is developing a...

Porsche Automobil Holding SE (OTC: POAHF) has received down payments from 30,000 customers in Europe for its first all-electric car Taycan, according to Reuters. What Happened Porsche’s CEO Oliver Blume told Germany’s Handelsblatt newspaper that the company’s first fully electric...

Porsche announced on Monday the expansion of its electric-vehicle lineup. A month after revealing its Taycan Turbo and Turbo S, Porsche debuted its “entry-level model,” the Taycan 4S. Taycan 4S pricing starts at $103,800 — a steal compared to the $150,900 Taycan Turbo or $185,000...

German sports car manufacturer Porsche was part of a $19 million Series A round of investment in Israeli startup TriEye. TriEye promises to improve visibility of autonomous vehicles when they are cruising through low visibility conditions like adverse weather or a dark environment.  About 80...

The European Union and German antitrust regulators are investigating whether the five major German automakers colluded to fix the price of diesel emissions treatment systems, according to published reports. The claims against Volkswagen, Daimler, Audi, BMW and Porsche were first reported Friday in...