Porsche takes steps to secure its future battery supply as the German automaker pursues its electrification focus.

EQS-News: Dr. Ing. h.c. F. Porsche AG / Key word (s): Mergers & Acquisitions V4Drive becomes V4Smart: Porsche acquires business unit for ultra-high-performance lithium-ion cylindrical cells from ...

Porsche took over the Varta battery subsidiary V4Drive on 4 March and renamed it V4Smart. The sports car manufacturer is the ...

A group of loan holders also agreed in principle to provide the company with a bridge loan of as much as 30mil to help finance it during the restructuring process, Varta said in its statement.

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Porsche has acquired a majority stake in Varta's car battery subsidiary V4Drive Battery. The Volkswagen subsidiary now holds ...

Investing.com -- Porsche, the sports car manufacturer, has procured a majority stake in Varta (ETR: VAR1 )’s car battery ...