On July 31, according to Jason, a well-known automotive analyst, the Porsche brand of the Volkswagen Group had "put down its body" and sought platform cooperation from Chinese car companies BYD, Ideal and Weilai, but were rejected by the brands.。

Interestingly, last Wednesday, according to a press release from the Volkswagen Group, the group has reached a strategic partnership with Xiaopeng, where the two sides will jointly develop two B-class pure electric models for domestic sales under the Volkswagen brand.。In return, Volkswagen will inject about $700 million into Xiaopeng Motors to acquire its 4.99% of the shares。

Volkswagen sought cooperation with BYD, Ideal and Weilai to no avail, but was "kindly taken in" by Xiaopeng, which was unthinkable before the rise of China's new energy power.。Jason believes that Xiaopeng and Volkswagen cooperation is to get what they need, and Japanese and Korean brands will gradually give up the Chinese market。

A bottleneck in Porsche's electrification transition is nothing new: according to the car company, the company's supply chain problems have seriously hampered its electric car production。According to Porsche Chief Financial Officer Lutz Meschke (Lutz Meschke), Porsche is facing major challenges in ensuring the safety of the supply of special components such as high-pressure heaters.。Porsche CEO Oliver Blume also said: "We have supply chain problems every week, which makes the company have the flexibility to adjust production capacity."。"

In order to solve the battery problem, according to media reports, Porsche is considering negotiating with potential partners to build an electric vehicle battery factory, which will cost up to 3 billion euros (about 3.3 billion US dollars)。The news was also "officially certified" by Porsche, which said on Wednesday that it was in the process of making a preliminary site selection for the plant: regions close to Germany, the United States and Canada were being considered, and decisions would be made based mainly on competitive electricity prices and regions with renewable energy.。It is understood that the power generation capacity of the plant will reach 20GWh。

Obomou believes that since most vehicles are produced in Germany, it is "probably reasonable" to increase battery capacity near Germany.。At the same time, the simple application process and relevant provisions such as the Inflation Reduction Act have made the United States increasingly attractive to Porsche。

Porsche already has Cellforce, a joint venture for high-performance batteries, and has invested in a 1.3 GWh's factory。However, Porsche's road to electrification has not been smooth: only the Taycan is currently on sale as an all-electric model.。At the same time, Porsche has no obvious lead in intelligent cockpit and automatic assisted driving.。

According to Porsche, in 2024, Porsche will launch a pure electric Macan, followed by a pure electric 718, as well as a pure electric Cayenne.。In addition, the company will also launch a new D-class pure electric products。In the future, its iconic 911 model will be the only fuel vehicle.。

According to Porsche's first-half 2023 earnings report, Porsche's operating income increased by 14% year-on-year from January to June..0% to 204.300 million euros; sales profit up 10.7% to 38.500 million euros。In contrast, Porsche's operating income growth accelerated in the same period this year, but sales profit growth slowed.。

The results noted that the Group's net cash flow from its automotive business declined slightly due to significant investments in its product and innovation businesses, down 1% from the same period in the previous fiscal year..€700 million to 22.200 million euros。According to Obomou's previous plans, Porsche is planning to gradually electrify its car lineup, with electric vehicles accounting for 80% of total sales by 2030.。

Compared to the recent successful marriage between Volkswagen and Xiaopeng, if Porsche can also find an electrification "teacher" in China, the efficiency of its new model development work will also be greatly improved.。But for now, where and how to go on the road of Porsche electrification transformation, it is best to take a long-term view。