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Thursday, May 5, 2022

Porsche invests $100M in battery tech, calls cells the combustion chamber of the future

Porsche Taycan chargingPorsche on Wednesday announced a $100 million investment in Washington State-based battery firm Group 14 Technologies. The automaker aims to use investments like this to become a leader in battery technology. Porsche is leading Group 14 Technologies' Series C funding round, in which multiple companies are investing a total of $400 million, the...

from Motor Authority https://ift.tt/CEAkxNm

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