Varta to supply high-performance battery cells to Porsche.
[Reuters] Germany’s Varta AG (VAR1.DE) will supply high-performance battery cells to luxury sportscar maker Porsche AG, a spokesperson for the battery maker said.Varta said last month it had won a first customer from the automotive sector, but had not revealed the company’s identity.
Varta will supply its V4Drive battery cell to the Volkswagen AG (VOWG_p.DE) unit, said the spokesperson, who declined to be more specific. Varta said last month it had won a first customer from the automotive sector, but had not revealed the company’s identity.
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The news was first reported by Handelsblatt.
European carmakers are hoping to cut dependence on Asian cell suppliers as they roll out all-electric models to meet stricter emissions targets in the European Union.
Porsche said it is setting up a joint venture with Customcells to produce high-performance batteries that will significantly reduce charging times.
Varta to supply high-performance battery cells to Porsche, FRANKFURT, June 21, 202
