Porsche AG has abandoned its plans to produce high-performance batteries through its Cellforce unit, citing insufficient volumes and economies of scale amid slow electric vehicle (EV) demand. The German automaker will instead focus on research and development, adapting its strategy to the evolving market conditions. This decision reflects broader challenges in the EV industry, where competing battery technologies continue to shape the sector. Meanwhile, battery startup Lyten has yet to gain traction with carmakers, including efforts related to Northvolt's revival. Industry observers remain skeptical about some battery innovations, such as Tesla's dry battery technology, which was initially projected in 2020 to save $1 billion annually but has faced doubts five years later. Additionally, concerns have been raised about the pace at which European carmakers are transitioning to EVs, with warnings about the potential loss of talent to Chinese companies. The US auto industry has also been criticized for reprioritizing capital toward gas-powered vehicles, a move that has surprised some industry leaders.