Porsche's battery ambitions falter as Cellforce reportedly slashes 70% of jobs

Digitimes
By Eifeh StromAug 26, 2025, 6:45 pm141 pts
Amid weakening demand for electric vehicles (EV), German automaker Porsche is reportedly set to abandon in-house battery production efforts. As a result, its battery subsidiary Cellforce Group is expected to undergo significant downsizing, with approximately 70% of its workforce potentially facing layoffs.

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