Porsche AG abandoned plans to expand production of high-performance batteries at is Cellforce subsidiary, citing a slow take-up of electric vehicles in China and the U.S.

Porsche arrête les activités de sa filiale de production de batteries Cellforce, près de 200 personnes seront licenciées.

Sports car manufacturer Porsche has now officially confirmed the expected job cuts at its battery subsidiary Cellforce, as ...

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Porsche (POAHY) has abandoned plans to produce high-performance batteries at its Cellforce subsidiary and expects to cut 200 of nearly 300 jobs at the unit, Christina Amann of Reuters reports, citing ...

Porsche’s decision to halt production plans at its Cellforce battery subsidiary is not simply a company setback—it is a sign ...

German carmaker Porsche AG scrapped production plans at its high-performance battery unit Cellforce, saying it would focus on ...

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According to Spiegel magazine, Porsche plans to lay off around 200 of the total 286 workers at Cellforce, reports Fenix ...

Porsche Layoffs: Porsche's battery-making division, Cellforce, is set to lay off approximately 200 employees, highlighting challenges in Europe's electric vehicle market as competition with ...

Porsche's battery-making business will lay off most of it workforce, a union representative told AFP on Thursday, in the latest blow to Europe's efforts to muscle in on electric cars.

According to German media reports, the sports car maker has decided to largely shut down its battery-making and research ...