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

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

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

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

In 2020, Tesla CEO Elon Musk promised to completely rework his processes and release a cheap electric vehicle for the masses. That sent rivals scurrying, especially to keep up with his vow to stop ...

Lloyds Bank is set to introduce a new feature for its customers on Tuesday, August 26. This will enable customers to deposit ...

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the ...

Vicarious Surgical has demonstrated considerable cost discipline, reducing its operating expenses by 24% year-over-year to $13.5 million. This austerity measure helped narrow the net loss to $13.2 ...