Timo Resch is basking in the sun. That’s literally true, as we speak on a gloriously clear California day at the Quail, one of Monterey Car Week’s most prestigious events. But it’s figuratively true as well, as Resch, who took the CEO role at Porsche Cars North America (PCNA) last November, is in a very […]
Porsche invests in battery startup South 8 to boost cold-weather EV performance
All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens. Drivers in Chicago found this out the hard way last January after many Teslas failed to charge during a deep freeze. One startup, South 8 […]
Buy now, pay later on a Porsche? Zaver now has $30M to make it a reality
We last checked in on Zaver, a Swedish B2C buy-now-pay-later (BNPL) provider in Europe, when it raised a $ 5 million funding round in 2021. The company has now closed a $ 10 million extension to its Series A funding round, bringing its total Series A to $ 20 million. Total investment to date stands […]