FRANKFURT (Reuters) -German battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business.

Porsche has taken a majority stake in Varta’s e-mobility battery unit as the German automaker seeks to secure its supply of high-performance cells for its electric vehicles. Porsche on March 1 ...

German battery manufacturer Varta has launched Varta.wall, the latest generation of its DC high-voltage storage systems. The company first presented the battery at Intersolar 2022, but has not ...

July 4 (Reuters) - German battery maker Varta (VAR1.DE), opens new tab on Thursday said it is in talks with Porsche (P911_p.DE), opens new tab over a potential investment in its large-format ...

Shares plunge as much as 80% Turnaround plans foresee equity wipe-out CEO says Varta needs double digit mln eur sum in fresh fundingCEO Ostermann says significant debt relief also a must The stock was ...

Battery maker VARTA AG announced yesterday that it was targeted by a cyberattack that forced it to shut down IT systems, causing production to stop at its plants. VARTA is a German manufacturer of ...

Varta announced its ntention to introduce on the market new lithium-ion battery cells for electromobility. The company is working on the "2170" cylindrical format used by Tesla, but whether it has ...

• Focus on growth strategies of VARTA AG and VARTA Consumer Batteries remains unchanged • Strong and stable cash flow at VARTA Consumer will make a meaningful medium-term contribution to fund the ...

In a pilot project, both the partners have jointly developed an innovative product: A replaceable 48-volt battery pack for electrically powered two-wheelers with a power of 10 kW and more. New Delhi: ...

The Varta 2 specialised armoured vehicle has passed all required tests, completed the certification process and is approved for supply to the Armed Forces of Ukraine. Source: Ukrainian Armor, ...

German battery maker Varta AG was hit by a cyberattack Monday night that halted production in five of its production facilities, the company said. The company’s information technology systems “and ...