Porsche
Backed by Deutsche Telekom and SoftBank, DTCP raises $450M for its growth and early-stage funds
German investment management firm DTCP held the final close of its third growth fund and an initial closing of its new early-stage fund.
On Thursday, Porsche took the wraps off the Macan EV, a long-delayed project that will test whether consumers still have the drive to spring for an electric vehicle that costs…
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Driving the 2025 Porsche Macan EV prototype
Porsche’s drive toward electrification progresses in its plan to electrify half of its fleet by 2025 and make 80% of its offerings fully electric by 2030. For those counting, that’s a mere six and half years away. To make the math work, Porsche will need to put batteries in five…
Lotus revealed Thursday evening in New York City the Emeya, an all-electric four-door grand tourer that aims to compete with the likes of Porsche on speed, tech and luxury and…
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How Porsche plans to grow margins with luxury and speed
Porsche — with CEO Oliver Blume behind the wheel — has zipped by a number of milestones over the past several years. Its share price has gained more than 36% since its IPO in September 2022 and profit margins are at an enviable 18%. And yet, Blume isn’t satisfied. “We…
Porsche kicked off its 75th anniversary Thursday with an electrifying reveal: a battery electric hypercar concept the automaker described as a “technology beacon for the sports car of the future.”…
Porsche has partnered with Mobileye, the autonomous driving unit that Intel spun out into a public company last year, to bring hands-free automated assistance and navigation functions to future sports…
When Porsche partnered with venture studio UP.Labs, the mission was to create six startups over three years all designed to solve the German automaker’s biggest problems and be compelling enough…
Porsche said Monday it will add a full-sized all-electric SUV to its lineup — slotting above several other upcoming EVs — as part of its goal for 80% of all new…
After years of promises and millions in investments, Porsche today pumped the first gallons of its fully synthetic fuel into a car. That car? A 911, of course. Porsche has…
To help electric planes take off, German battery company Customcells says it landed about $63 million (€60 million) in Series A funding from Porsche and several climate-tech investors. World Fund,…
Porsche plans to go public on Thursday at a $73 billion valuation, catapulting the company to become the world’s fourth-most valuable automaker and netting billions of dollars for parent company…
Porsche 911’s new meaning, a bot rolls into a crime scene and the bright side of a tiny Detroit auto show
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in…
The Station: EVs abound at Monterey Car Week and Tesla amateur testing spreads to include kids
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to…
Apparently, solar power is hot right now. Porsche said Monday that it plans to build and operate a solar power microgrid at its U.S. headquarters in Atlanta, reducing its annual…
Under the previous CEO, Volkswagen’s path toward an electric future seemed set. Now it seems less certain.
The $2.5 million Rimac Nevera all-electric hypercar has begun rolling off the assembly line, launching on the world stage as the fastest production car and an emblem of the Croatian…
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What’s the ‘secret sauce’ behind Croatian EV maker Rimac?
Rimac Group made headlines after raising a Series D round that valued the Croatian startup at $2.2 billion, prompting the question: How has it succeeded where so many other EV makers have struggled?
WayRay’s deck consists of a whopping 75 slides — around 50 more than I would typically recommend — and it’s clear that the founders took a different tack than what…
Daily Crunch: Apple’s M1 chips have an ‘unpatchable’ hardware vulnerability, say MIT researchers
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John Kuolt hates the term “incubator” — at least when describing UP.Labs, a new venture that launched this week with inaugural partner Porsche. “It has a connotation that we aren’t,”…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to…
Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global…
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…
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The Toyota bZ4X: Solidly middling EV
Toyota isn’t the first automotive brand that pops to mind when it comes to battery electric vehicles. Toyota might be the largest automaker in the world — reportedly selling more than 9.5 million vehicles globally and stealing the crown from Volkswagen Group — but the company has been markedly absent…
In a direct and perhaps theoretical challenge to Tesla, Mercedes-Benz brought to the New York International Auto Show on Wednesday its Vision EQXX concept, freshly returned from a European road…
Porsche announced Wednesday a $75 million investment in the industrial production of eFuels, a synthetic low-carbon complement to its plans to electrify 80% of its model lineup by 2030. Porsche,…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. (Folks, a technical…
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.