Press Release Porsche gets on board with energy start-up 1KOMMA5°


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Porsche gets on board with energy start-up 1KOMMA5°
Porsche is expanding its investment portfolio in the field of smart city technology: the Stuttgart-based sports car manufacturer’s venture capital unit, Porsche Ventures, is to become a shareholder in 1KOMMA5°.

Porsche Newsroom
 

Porsche

Dr. Ing. h.c. F. Porsche AG, is a German automobile manufacturer specializing in high-performance sports cars, SUVs, and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. Owned by Volkswagen AG, it was founded in 1931 by Ferdinand Porsche. In its early days, Porsche was contracted by the German government to create a vehicle for the masses, which later became the Volkswagen Beetle. In the late 1940s, Ferdinand's son Ferry Porsche began building his car, which would result in the Porsche 356.
Official website: Porsche

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