Porsche Just Killed Its Battery Factory, Its E-Bike Brand, and a Chunk of Bugatti. The Sales Numbers Are the Boring Part.
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Porsche is reportedly making significant cuts, including the closure of its battery factory and e-bike brand, although some outlets suggest the company may still be involved in the e-bike market. The moves may be related to a sales slump and a broader overhaul at parent company VW. The extent of Porsche's commitment to e-bikes is unclear, with conflicting reports on the company's involvement in the market.
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