Bundeskartellamt examines Porsche's joint venture

Not much is known yet, and the automaker is keeping quiet on the matter: Porsche is apparently planning a joint venture with two other partners to produce high-performance battery cells.

Porsche has been on the lookout for high-performance batteries for some time and may now have found what it is looking for: The Cartel Office is still examining the automaker'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 deal is listed with the Federal Cartel Office.

Porsche would not comment to Handelsblatt

, which first reported the possible joint venture. The high-battery cells are to be used, for example, for motor sports, i.e. special vehicles and not production 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 Batteries, was founded, which is already located in Tübingen and is funded, among others, by the Federal Ministry of Economics with 4.7 million euros. The focus was on lithium-ion batteries, associated partners are Daimler, Manz and Stiehl.