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Euronews
Euronews
Doloresz Katanich

Germany's Porsche is closing battery subsidiary Cellforce, reports say

Porsche Germany Der Spiegel

German sports car giant Porsche plans to close the majority of operations at its subsidiary Cellforce, a factory for high-performance battery cells. 

According to the German newspaper Der Spiegel, the sports car manufacturer plans to lay off around 200 of its 286 employees at the factory in Kirchentellinsfurt, Germany.

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