Federal Cartel Office investigates Porsche's joint venture

Not much is known yet and the car manufacturer is keeping quiet about the process: Porsche is apparently planning a joint venture with two other partners to produce high-performance battery cells.

Porsche has been looking for high-performance batteries for some time and may now have found what it is looking for: The cartel office is still examining the car manufacturer's plans. Together with the Fraunhofer Institute, Customcells, and the software developer P3 Group, Porsche wants to found a start-up called Cellforce Group. The process has been listed with the Federal Cartel Office.

In an interview with the Handelsblattwhich first reported on the possible joint venture, Porsche did not wish to comment. The high-battery cells are to be used for motorsport, for example, i.e. special vehicles and not series models.

As Tagesspiegel Background reported last year, the collaboration has been planned for some time: First the funding project KomVar, Competitive Variant Production for Lithium Accumulators, was founded, which is already based in Tübingen and is funded by the Federal Ministry of Economics and Technology, among others, with 4.7 million euros. The project focused on lithium-ion batteries, with Daimler, Manz and Stiehl as associated partners.