Porsche Exits Battery, eBike, and Rimac Stakes in Strategic Retreat

Porsche is shutting three units—battery development, eBike production, and technical ceramics—and divesting from Rimac Group. Over 500 German employees are affected. The move reflects a larger pattern: after years of technology bets, Porsche is consolidating around core automotive business and retail operations, shelving speculative ventures that didn't move the needle.