On August 25, Porsche announced a significant shift in its focus towards electric vehicles as a key power source for its future endeavors. As part of this transformation, the company is adjusting its battery business strategy. Specifically, its subsidiary Cellforce will narrow its scope to concentrate solely on battery cell research and development, abandoning plans to advance into high-performance battery production. Porsche has pledged to handle the resulting staff reduction in a responsible and considerate manner. Furthermore, Volkswagen Group's battery technology hub, PowerCo, has offered to facilitate job opportunities for affected Cellforce employees.