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Porsche to Choose Bosch or Panasonic for EV Batteries
Porsche AG is in the final stage in choosing whether to source batteries for its upcoming all-electric car from Robert Bosch GmbH or Panasonic Corp., sources tell Bloomberg News.
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Porsche AG is in the final stage in choosing whether to source batteries for its upcoming all-electric car from Robert Bosch GmbH or Panasonic Corp., sources tell Bloomberg News.
Panasonic’s batteries are cheaper, but Bosch offers simpler development and delivery logistics, according to the news service.
The batteries would be used in a production version of the Mission E concept car Porsche revealed last September at the Frankfurt auto show. The car bears an evolutionary look of the brand’s iconic 911 sports car.
Porsche announced in December a €1 billion ($1.1 billion) budget to build the EV, which will be produced in Stuttgart. The company also confirmed in January it is developing a plug-in hybrid variant of the 911 that will bow in 2020.
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