Another lithium battery client faces massive layoffs!_News Center Co., Ltd._Shenzhen Xinwei Electronics Co., Ltd.
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Home > News Center Co., Ltd. > Another lithium battery client faces massive layoffs!
News Center Co., Ltd.
Another lithium battery client faces massive layoffs!
Publish Time:2025-02-17        View Count:38         Return to List

February 13, according to foreign media reports,Li-ion Battery Major Customer Porsche Plans to VisitIn 2029, the company laid off 1,900 employees in Germany, accounting for approximately 15% of the total workforce.The reason for the layoffs is the decline in electric vehicle sales.

 

Porsche spokesperson stated:

 

· This round of downsizing will not involve mandatory layoffs. Porsche plans to reduce headcount through voluntary measures such as early retirement and severance compensation, and will adjust the hiring of new staff accordingly. "Strict limitation approach."

· Porsche is currently in a relatively good position, but there are still many challenges to overcome, such as delays in the advancement of its electric vehicle business, as well as the complex geopolitical and economic situations.


Porsche, too, has found itself in a predicament amidst the surge of new energy vehicles.PorscheLast week's announcement has been made, expected...Profit margins in 2025 are expected to hover around 10% to 12%, significantly below the company's long-term goal of 20%.Porsche has announced the launch of a new internal combustion engine.(ICE) and Plug-in Hybrid Electric Vehicles (PHEVs).


Porsche warns that,In 2025, an additional €800 million (USD 8.3 million) will be allocated for the development of new vehicle models and other battery-related projects.
A data point reveals:In 2024, Porsche's global sales dropped by 3%, primarily due to the Chinese market (where its profits have been on the decline in recent years).zuiSignificant decline in one of the major markets (high growth).
Media reports indicate:Porsche announces...2024 layoffs have already commenced1500 regular contract workers' contracts expired without renewal, and another 500 are set to expire shortly.

About Porsche

 

Porsche was founded1931 was the year when Volkswagen, a renowned German automaker, was established under the umbrella of the German company..A renowned luxury car brand, headquartered in Stuttgart, Germany.


Porsche's main models include:911, 718 (including Boxster and Cayman), Panamera, Cayenne, Macan. Our business scope covers the development, production, and marketing of high-end automobiles.

In September 2022, Porsche conducted its first Initial Public Offering (IPO) in Europe, with a valuation of $85 billion, making it the largest IPO in European history.zuiNo Chinese content provided for translation.IPO。


Local TimePorsche listed on the Frankfurt Stock Exchange on September 29, 2022.
Porsche is majority-owned by Volkswagen Group, which operates globally.4.2 employees, with 23,650 working in Stuttgart and surrounding areas.

 

Porsche's Battery Supplier

 

Porsche's electric vehicle battery suppliers include:LG Chem, CATL, and Samsung SDI, among others.These suppliers are for Porsche's pure electric models such asThe Taycan offers a high-quality battery pack to ensure vehicle performance and reliability.


Porsche has acquired the Varta battery division.Majority shares of V4Drive Battery GmbHPorsche has participated in its financial restructuring. This move demonstrates Porsche's further expansion and investment in the battery supply chain.
Specific to certain vehicle models, such as the all-newThe Macan EV model, featuring a 100kWh battery pack supplied by CATL.zuiExtended RangeWLTP Urban Cycle exceeds 780 km.

 

 


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