The planned battery cell joint venture between Porsche and Fraunhofer spin-off Customcells becomes more concrete. The German antitrust authority (Bundeskartellamt) is looking into the Cellforce Group with reports suggesting that P3 will be the third partner in the new company.
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The European Commission has approved a second project under EU state aid rules to support research and innovation in the battery value chain. Several German companies will benefit from this, but also Tesla.
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Porsche and the Fraunhofer spin-off Customcells apparently want to build a battery cell factory in Tübingen. The endeavour is still missing EU approval that would enable state funding.
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