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Germany

VARTA AG signs agreement with Porsche for majority investment in Lithium-Ion cell business

Oct 10, 2024

On October 9, VARTA AG signed an agreement with Dr. Ing. h.c. F. Porsche AG (Porsche) for a majority investment in its large-format lithium-ion cell business through a majority stake in V4Drive Battery GmbH, a fully owned subsidiary of VARTA AG.
V4Drive Battery GmbH will increase its capital to implement the investme....

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