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Porsche moves in with deal to help stalling German battery maker Varta
Varta's financial woes In June, Varta downgraded its full-year profit forecast for 2024 after a series of setbacks including volatile customer orders, supply chain problems, and a cyber attack.
July 4 (Reuters) - German battery maker Varta (VAR1.DE) on Thursday said it is in talks with Porsche (P911_p.DE) over a potential investment in its large-format lithium-ion battery business, V4Drive.
Battery maker VARTA AG announced yesterday that it was targeted by a cyberattack that forced it to shut down IT systems, causing production to stop at its plants.
One battery per headphone means that alone would be 200 million units. Currently Varta's annual capacity will increase to around 150 million units until 2022.
VARTA is Clarios' leading brand in Europe reinforcing Clarios' position as the world's largest, most technologically advanced and responsible low-voltage battery manufacturer, with over a 130-year ...
German battery maker Varta's five production plants were hit by a cyberattack on Feb. 12, the company said late on Tuesday, adding that the extent of the damage had yet to be determined.
Varta will supply its V4Drive battery cell to the Volkswagen AG unit, said the spokesperson, who declined to be more specific. Varta said last month it had won a first customer from the automotive ...
Varta’s V4Drive technology is renowned for its high-performance, compact design, and low-temperature resistance. In addition to being lightweight, the Continental & Varta battery is also easy to ...
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