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      <title>Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul</title>
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      <pubDate>Fri, 08 May 2026 18:25:29 +0000</pubDate>
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      <description>&lt;p&gt;Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday.&lt;/p&gt;&#xA;&lt;p&gt;The automaker’s battery subsidiary,Cellforce Group, is perhaps the highest-profile casualty. The division had already been through a “realignment”in Augustafter Porsche dropped plans to make its own batteries, turning Cellforce into a research and development arm.&lt;/p&gt;&#xA;&lt;hr&gt;&#xA;&lt;p&gt;&lt;strong&gt;&lt;a href=&#34;https://techcrunch.com/2026/05/08/porsche-shutters-e-bike-battery-software-subsidiaries-as-part-of-company-overhaul/&#34;&gt;➡️ Read the full article at TechCrunch&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt;&#xA;&lt;p&gt;&lt;em&gt;This excerpt is provided for informational purposes with a link to the original source. All rights belong to the original publisher.&lt;/em&gt;&lt;/p&gt;</description>
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