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Porsche wants to manufacture its own batteries

The Porsche brand has invested nearly 100 million euros in the creation of a company to produce very high-end battery cells for its electric vehicles.

Porsche wants to produce itself a new generation of lithium-ion batteries for his future sports cars. The brand wants to rely on its own high performance cells and has founded a new entity to start the project.

Ultra-fast recharging batteries

Currently, the Stuttgart firm relies on the cells of the South Korean producer LG Chem for the batteries of its Porsche’s Taycan 100% electric. These are already among the fastest electric cars to charge.

But things will change between now and 2024. The brand’s next models should make further progress on this point thanks to new battery cells, which would have more advanced technology.

To do this, Porsche relies on silicon anode battery cells. Behind this somewhat “barbaric” name hides a technology which allows more density of power and energy. All with very fast recharges, much more than those with conventional graphite anode.

A new entity called Cellforce Group

The project will be launched as part of a joint venture with the German company Customcells. Porsche has announced that it has invested nearly 100 million euros in the project and will own nearly 84% of the new entity, dubbed ” Cellforce Group

« .

This new company will be entirely dedicated to the development, production and sale of battery cells for electric vehicles.

Ultimately, the plant should make it possible to equip nearly 1000 cars every year with these new high-performance cells and employ 80 people by 2025.

Tesla’s gigafactory in the viewfinder

As a reminder, it is the Volkswagen group that owns the Porsche brand. And the group is taking the lead in electric vehicles as well as in the production of batteries.

The group has planned toopen nearly six “giga” factories cells in Europe, to ensure future demand for electricity. A first factory has already been set up in Sweden and a second is planned in Germany in Salzgitter, for 2025.

On the Old Continent, Volkswagen is trying to secure a leading position in the face of increasing competition. In particular, the American Tesla, which is already building its first Gigafactory near Berlin.

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