They hope to develop a technical partnership.
Porsche's head of powertrain development has been arrested by German police in the sweeping investigation of diesel emissions violations by parent company Volkswagen Group, sources told German media outlets.
Stuttgart doubles its EV investment, devises innovative manufacturing for Mission E — and knows exceedingly well how to build things.
Porsche is spending $1.1 billion to update its Stuttgart plant for electric vehicle production.
Porsche is willing to accept smaller jumps in profits to fund its significant upgrades to develop and build new EVs and hybrids.