Porsche shelves plans to produce own batteries as EV demand slumps
Retreat is a blow for chief executive Oliver Blume who oversaw establishment of sports-car maker’s Cellforce unit
Retreat is a blow for chief executive Oliver Blume who oversaw establishment of sports-car maker’s Cellforce unit
German sports-car maker reports near €1bn operating loss in third quarter
German sports-car maker scales back EV ambitions under new boss Michael Leiters
Luxury-car maker U-turns on strategy after China weakness, US tariffs and disappointing uptake of battery vehicles
Luxury-car maker has been among the worst hit by market’s slow shift to EVs
German sports-car maker hit by lack of petrol variant for best-selling Macan and weak demand in China
Luxury sports-car maker says it will scrap planned release of a new range of electric vehicles
