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They have become increasingly popular in the United States even as sales of purely electric models have started to slow. The German automaker Porsche, a division of Volkswagen AG, already sells plug-in hybrid models like the Cayenne e-Hybrid SUV and Panamera e-Hybrid four-door car, but a hybrid 911 is another matter. Initially, hybrid power will be available in only one version of the car, the high performance 911 Carrera GTS. In another major change for Porsche, this car will not be a plug-in hybrid, as other Porsche hybrid models have been. Besides hybrids, Porsche also sells fully electric cars, the Taycan and the new Macan Electric SUV.
Persons: CNN —, didn’t, Ferdinand Porsche Sr, Ferdinand “ Ferry, Ferry’s, Ferdinand “ Butzi Organizations: CNN, CNN — Porsche, Porsche, Volkswagen AG, Carrera, Volkswagen Locations: United States, Cayenne
Porsche’s iconic 911 is going hybrid
  + stars: | 2024-05-13 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +3 min
A hybrid Porsche 911, with its gas engine assisted by at least one battery-powered electric motor, will officially be revealed in an online event on May 28. Porsche itself already sells plug-in hybrid models like the Cayenne e-Hybrid SUV and Panamera e-Hybrid four-door car but a hybrid 911 is another matter. This new hybrid model will be the closest Porsche can get to an electric 911 without raising those sorts of philosophical questions. But we do know the hybrid 911 is clearly faster than the current purely gas-powered 911. The faster time indicates the hybrid 911 has greater power due to the addition of electric assistance.
Persons: CNN —, ” Jörg Bergmeister, didn’t, Ferdinand Porsche Sr, Ferdinand “ Ferry, Ferry’s, Ferdinand “ Butzi Organizations: CNN, CNN — Porsche, Porsche, Volkswagen Locations: Cayenne
STOCKHOLM (AP) — A ferry that had ran aground last month off southeastern Sweden and started leaking oil into the Baltic Sea was pulled free on Wednesday and anchored nearby, the Swedish Coast Guard said. The Marco Polo, operated by the TT-Line of Germany, was operating a route along Sweden’s coast between the cities of Trelleborg and Karlshamn when it ran aground on Oct. 22 and started leaking oil. The ferry wasn't at risk of sinking despite taking on water, the coast guard said. Earlier, the coast guard said the ferry had suffered “extensive damage” and would eventually be towed into the harbor of Karlshamn. The inspection would be made by a salvage company hired by the TT-Line's insurance firm, the coast guard said.
Persons: Marco Polo, Sweden’s, Ulf Kristersson Organizations: STOCKHOLM, Swedish Coast Guard, SVT, TT Locations: Sweden, Baltic, Germany, Trelleborg, Pukavik, Solvesborg, Malmo, Karlshamn, , Swedish
EU has to come clean on costs of green transition
  + stars: | 2023-07-18 | by ( Pierre Briancon | ) www.reuters.com   time to read: +8 min
European Union governments have agreed on the strategy, but they tend to paper over the short-term economic costs of the green transition. French economist Jean Pisani-Ferry has compared the impact of the green transition to an economic shock equivalent to the sharp spikes in oil prices in the 1970s. But unlike previous shocks triggered by geopolitical instability or trade wars, the green transition has been initiated and managed by governments, and largely financed by them. Germany looks like the country most able to afford the green transition, but its over-emphasis on regulation on environmental matters is running into fierce opposition. On Sunday Paolo Gentiloni, the EU economy commissioner, told the Financial Times that Europe will have to fund its own industrial green transition.
Persons: Jean Pisani, won’t, Pisani, Selma Mahfouz, Paolo Gentiloni, Bruno Le Maire, Christian Lindner, Keir Starmer, , Francesco Guerrera, Oliver Taslic Organizations: Reuters, Union, Reuters Graphics Reuters, International Energy Agency, Ferry, Social Democrats, Greens, Opposition, Financial Times, French Finance, German, Labour Party, Twitter, Southern, European Commission, Deal, Zero, Thomson Locations: Europe, France, Italy, Germany, EU, Paris, Southern Europe, Spain, Greece
Heightened Cyber Threat Brings CIOs, CISOs Closer
  + stars: | 2022-09-30 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +4 min
In a year of high-profile cyberattacks, chief information officers say cybersecurity has sprinted up their agenda and got them working more closely than ever with chief information security officers. Her goal is to foster a culture of cyber preparedness across the company, including ensuring staff are educated about risks. Noelle Eder, chief information officer at Cigna. While compensation is growing for both the CIO and CISO roles, Mr. Stephenson said it is growing faster for CISOs. “We really need to be working together to think about ways we can better secure information,” Mr. Vidoni said.
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