The goal is to expand on a technology edge to keep its EVs on top.
Most battery makers are focusing on volume to meet demands.
Porsche wants to ensure that performance will never be comprised.
Porsche stands for performance on every conceivable level. As they move towards electrifying most of its product line, the sports car brand needs to make sure that their reputation, which gives them a performance edge, must remain. It is with this in mind that Porsche wants to strengthen ties with battery specialists.
The worry is that battery suppliers are concentrating on supplying the growing need for more batteries to feed mainstream brands, their EVs, and cost targets. Porsche’s needs are more specialized, and they fear they are falling by the wayside. This has prompted the performance brand to seek out a partnership with battery developers, including Germany’s Custom Cells under a joint venture agreement, according to Automotive News (subscription required).
Recently, Porsche upped its stake in Rimac and has placed its first order with them for new high-tech components. Based on this collaboration, the Croatian company could quickly become a top supplier for Porsche. The latter is investing 15 billion euros ($18 billion) over five years to boost its electric mobility and digital services.
Porsche will do what is needed in order to stay on top of the latest advancements in battery technology as this will be key in getting its customers to move from ICE to EVs.