3 new shareholders join Customcells, incl. Porsche
Customcells announces the completion of a financing round in which the battery specialist brings three new shareholders on board. Among them Porsche. The move comes just a short time after the joint founding of a battery joint venture with Porsche and can be seen as a push towards large-scale production.
BASF selected as cell development partner by Cellforce
Cellforce, the new battery joint venture between Porsche and Customcells, officially appointed BASF as its exclusive cell development partner. BASF is to provide NCM cathode materials for high-performance battery cells. In addition, BASF will recycle the production waste from cell manufacturing.
Porsche considers battery plant in Germany
Porsche wants to build its own battery cell factory for the production of “high-performance batteries” in Tübingen, Germany. Although the Stuttgart-based sports car manufacturer plans to purchase batteries for its electric cars from parent company Volkswagen in the future, high-performance cells – that is “a Porsche domain”.
Porsche battery cell JV Cellforce Group awaits approval
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.
Bosch discontinues Coup scooter sharing
Bosch’s electric scooter sharing service Coup has announced that it will discontinue its service in the German Berlin and Tübingen by mid-December 2019. The Paris and Madrid locations are also to be closed at short notice.