The Cellforce case: Porsche has "completely lost its way":
Porsche's Cellforce battery project fails with a €295 million write-off. What the end of ...
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Cellforce: Works council raises allegations: The works council of the Porsche subsidiary Cellforce, based in Kirchentellinsfurt, is dissatisfied ...
tagesschau.de/inland/regional/badenwuerttemberg/swr-cellforce-betriebsrat-erhebt-vorwuerfe-100.html
Porsche AG: Tabula rasa: Porsche is focusing on its core business and closing three subsidiaries, resulting in the loss of 500 jobs.
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Porsche cuts more than 500 jobs at subsidiaries: The car manufacturer Porsche is discontinuing some of its subsidiaries. Three of them are affected - | and more ...
swr.de/swraktuell/baden-wuerttemberg/porsche-streicht-mehr-als-500-stellen-trennt-sich-von-tochterunternehmen-100.html
Key FactsPorsche Shuts Subsidiaries to Refocus on Sports Cars
May 8, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: welt.de
Summary created with AI assistance · Source: welt.de
- Porsche is closing three subsidiaries with a combined workforce of 500 without seeking buyers or partners.
- New CEO Michael Leiter is implementing a restructuring plan that centers the company back on its core sports car business.
- Challenges such as Chinese competition, US tariffs, and rapid electric mobility shifts nearly wiped out Porsche’s operating profit last year.
- The closures affect diverse sectors including battery production, e-bike development, and specialized software services.
fundamentally changed market conditions for e-bike drivetrains— Porsche AG, per a Porsche statement issued on Friday
Cellforce, e-bikes and software: Porsche cuts 500 jobs in subsidiaries: To improve the sports car manufacturer's dire situation, management is divesting ...
manager-magazin.de/unternehmen/autoindustrie/porsche-ag-cellforce-und-e-bike-produktion-werden-eingestellt-500-beschaeftitgte-betroffen-a-2e5adacd-2caa-4880-ac88-68592c5b2fe8
50 employees in Kirchentellinsfurt affected: Porsche finally pulls the plug on Cellforce
swp.de/lokales/tuebingen/50-mitarbeitende-in-kirchentellinsfurt-betroffen-porsche-zieht-bei-cellforce-endgueltig-den-stecker-79056065.html
Battery subsidiary Cellforce: After layoffs - | this is what Porsche says: In a short statement, the group commented on the dismissals distributed to 200 ...
swp.de/lokales/reutlingen/batterie-tochter-cellforce-nach-entlassungen-das-sagt-porsche-78276731.html
“Colleagues burst into tears”: Mass layoffs at Porsche subsidiary Cellforce: Porsche no longer wants to manufacture battery cells. Cellforce will now focus ...
swr.de/swraktuell/baden-wuerttemberg/cellforce-betriebsversammlung-porsche-tochter-wie-viele-jobs-fallen-weg-100.html
Slow EV Demand Forces Porsche to Halt Plans for High-Performance Battery Production
roadandtrack.com/news/a65899188/slow-ev-demand-forces-porsche-to-halt-plans-for-high-performance-battery-production/
The end for battery subsidiary Cellforce - | Termination comes with the Porsche Taycan - | IG Metall denounces "undignified behavior"
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Porsche subsidiary Cellforce: They drive from house to house in their Porsches and distribute termination notices
swp.de/lokales/reutlingen/porsche-tochter-cellforce-kuendigungen-erreichen-beschaeftigte-waehrend-der-betriebsversammlung-78272718.html
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Fridays for Future: Protest against layoffs at Porsche subsidiary - Esslinger Zeitung
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End of battery cell production: Layoffs at Porsche subsidiary Cellforce: The end of battery cell production in Kirchentellinsfurt could mean the loss of jobs for ...
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Porsche parts with the “heart” of its electric strategy.: The sports car manufacturer is abandoning its own battery cell production. 200 jobs are being ...
faz.net/aktuell/wirtschaft/unternehmen/porsche-trennt-sich-vom-herzstueck-seiner-elektrostrategie-110654041.html
Paid articlePaywall Porsche winds up battery factory – Cellforce on the brink of collapse – a setback for the technology sector
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Key FactsPorsche reportedly plans major Cellforce layoffs
Aug 20, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- Cellforce was intended to produce high-performance battery cells for Porsche electric cars; around 200 of its 286 employees in Kirchentellinsfurt are reportedly set to be dismissed.
- An official briefing for employees is planned for Monday, August 25, at 10 a.m. with Michael Steiner representing the company’s management, while IG Metall plans a demonstration at 9 a.m.
- Cellforce currently has no works council, but IG Metall and employees began an election two weeks ago, with the body expected to become operational on September 19; the union also intends to take over dismissal-protection lawsuits.
- Porsche announced in the spring that it would no longer produce Cellforce batteries independently and had almost entirely written off the subsidiary; around €60 million in public funding was planned for the factory, but the amount already paid remained unclear.
There wasn't even any response to the appeal to Steiner to delay layoffs until then.— Kai Lamparter, deputy head and managing director of IG Metall Reutlingen-Tübingen, told our newspaper
Porsche battery company Cellforce is on the verge of collapse: At the groundbreaking ceremony for a factory, there was talk of the "smallest Gigafactory in the ...
faz.net/aktuell/wirtschaft/unternehmen/porsche-batteriegesellschaft-cellforce-steht-vor-dem-aus-110650014.html
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Electric car crisis at Porsche: Experts call for radical change after battery flop
berliner-zeitung.de/wirtschaft-verantwortung/nach-batterie-flop-porsches-elektroauto-krise-spitzt-sich-dramatisch-zu-li.2350836
Key FactsPorsche Faces Major Battery Setback and Strategic Shift
Aug 21, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: berliner-zeitung.de
Summary created with AI assistance · Source: berliner-zeitung.de
- Porsche intends to largely shut down its battery subsidiary Cellforce, laying off over 200 of 286 employees.
- The company's electric vehicle plans suffer due to battery failures and sales struggles in China and the U.S.
- Experts advise stronger reliance on external battery suppliers and local production to mitigate tariffs and costs.
- Porsche is moving away from a complete electric transition, planning to increase investments in combustion engines.
The new crisis at Cellforce shows once again that the Porsche CEO is not a part-time job.— Frank Schwope, automotive expert, comments on the situation at Porsche and the challenges faced by CEO Oliver Blume.
Why are Porsche shares falling? - | The causes: Find out here why Porsche shares recently lost around 7% of their value. Read on now!
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Key FactsPorsche Reports Over 40% Profit Decline in Q1
Apr 29, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: welt.de
Summary created with AI assistance · Source: welt.de
- Porsche experienced a 40.6 percent drop in profit to 760 million euros in Q1, driven by weak sales in China and high investments.
- Revenue decreased by 1.7 percent to 8.86 billion euros, prompting a revised annual forecast of 37 to 38 billion euros.
- The operational profit margin target has been lowered to between 6.5 and 8.5 percent, a decrease of 3.5 points.
- Additional costs for battery production expansion and supplier support are further straining Porsche's financial situation.
We cannot completely escape this, but we are fighting against it with all our might.— CFO Jochen Breckner on the challenges facing Porsche.
End of battery plans - Porsche buries a plan for the future: Porsche is responding to the multifaceted crisis by halting its own battery production ...
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