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Joint Venture between Porsche and CUSTOMCELLS

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Germany – Stuttgart / Tuebingen / Itzehoe, 21. Juni 2021. The latest step in the electric offensive: Porsche is investing a high double-digit million amount in the new company Cellforce Group GmbH. Porsche and joint venture partner CUSTOMCELLS today announced the launch of production of high-performance battery cells at the Weissach Development Centre. CUSTOMCELLS is one of the world’s leading companies in the development of special lithium-ion battery cells.

“The battery cell is the combustion chamber of the future. As a new Porsche subsidiary, the Cellforce Group will be instrumental in driving forward the research, development, production and sales of high-performance battery cells,” says Oliver Blume, Chairman of the Executive Board at Porsche. “This joint venture allows us to position ourselves at the forefront of global competition in developing the most powerful battery cell and make it the link between the…

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