Porsche Shuts Down Electric Bicycle, Battery, and Software Subsidiaries to Retrench and Bet on Core Vehicle Business
7 hour ago / Read about 0 minute
Author:小编   

Porsche has announced the closure of three subsidiaries—battery subsidiary Cellforce Group, electric bicycle drive system business Porsche eBike Performance, and Cetitec, which provides in-vehicle network software for Porsche and the Volkswagen Group—in response to challenges of declining sales and pressure on profits. This round of adjustments will affect more than 500 employees.