Porsche Automobil Holding SE (“Porsche SE“) is a listed holding company and holds a stake of 53.3 percent of the ordinary shares of Volkswagen AG. Porsche SE sees itself as a long-term anchor investor of Volkswagen AG. Furthermore, the company holds 100 percent in PTV Planung Transport Verkehr AG, a worldwide leading provider of software for traffic planning and transport logistics. In addition, Porsche SE holds minority stakes in a number of technology companies based in the US and Israel.
With its stake of 53.3 percent of the ordinary shares and 31.4 percent of the subscribed capital of Volkswagen AG, Porsche Automobil Holding SE is the biggest single shareholder of the Wolfsburg company. Thereby, Porsche SE considers itself as a long-term oriented strategic anchor shareholder of the Volkswagen Group.
The Volkswagen Group, with its headquarters in Wolfsburg, is one of the world's leading automobile manufacturers and the largest carmaker in Europe.
The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Each brand has its own character and operates as an independent entity on the market. The product spectrum ranges from motorcycles to small cars and luxury vehicles. In the commercial vehicle sector, the products include ranges from pick-ups, buses and heavy trucks. The cooperation of the commercial vehicle brands MAN and Scania is coordinated in the TRATON GROUP. In addition, the Volkswagen Group offers a wide range of financial services, including dealer and customer financing, leasing, banking and insurance activities, and fleet management.
The Group operates 122 production plants in 20 European countries and a further 11 countries within America, Asia and Africa. Every weekday, 664,496 employees worldwide produce vehicles and work in vehicle-related services or other fields of business. The Volkswagen Group sells its vehicles in 153 countries.
Porsche Automobil Holding SE holds 100 percent in PTV Planung Transport Verkehr AG (”PTV AG”), Karlsruhe/Germany.
PTV AG is a leading provider of software for traffic planning and management as well as transport logistics. PTV AG is based in Karlsruhe and has some 700 employees at 20 locations worldwide. PTV solutions are used by more than 2,500 cities. More than one million logistics vehicle trips per day in more than 120 countries are planned using PTV software. The software solutions of PTV AG help cities and companies save time and money, enhance road safety and reduce the impact on the environment.
Porsche Automobil Holding SE holds a minority stake in the US-technology company INRIX Inc., Kirkland, Washington/USA.
INRIX is a specialist for cloud-based real-time processing of location data. As a market leader in its segments, the company INRIX plays an important role in the development of connected-car services and traffic information. INRIX leverages an extensive crowd-sourcing network of data sources that draws on data from vehicles, smartphones and road sensors. This is supplemented with additional information, e.g., local weather data. Machine learning and predictive algorithms thus mean that route recommendations can constantly improve.
Porsche Automobil Holding SE holds a minority stake in the 3D printing specialist Markforged Inc., Watertown, Massachusetts/USA.
Founded in 2013, Markforged Inc. designs and sells end to end 3D print solutions. The company is the only industrial 3D printing platform that produces strong parts out of the entire range of materials from carbon fiber to metal. Moreover, in 2017 the company launched its first 3D metal printer for industrial applications. With around 100 employees, several thousand companies worldwide use Markforged technology.
Porsche Automobil Holding SE holds a minority stake in the 3D printing specialist Seurat Technologies Inc., Mountain View, California/USA.
Seurat Technologies was founded in 2015 and is developing an innovative new technology in the field of 3D metal printing. This technology will allow a significant acceleration of 3D metal printing and will promote its use in industrial series production. The most recent financing round served to develop the existing prototype further.
Aeva is a machine vision company developing industry-leading optical-based sensors for the automotive industry. Its “4D” LIDAR, which stands for laser detection and ranging, can measure the position, distance as well as velocity of an object (4th dimension). All while preventing interference from the sun or other sensors. This allows to generate a map of the environment where all critical objects such as pedestrians, bicycles and vehicles are detected and classified. LIDAR sensors are seen as essential to enable higher levels of driver assistance, up to making cars capable of self-driving.
Aurora Labs is a specialist for remote software management, remote diagnostics and over-the-air updates for the automotive and IoT industries. With its machine learning based technology, Aurora Labs is able to detect and predict software errors and perform system updates to the entire car with zero downtime. If an updated software is faulty, Aurora Labs' technology can be used to immediately restore the previous software version. This comes along with a significant reduction of time necessary for updates, leading to a decline in cost for memory, data and energy consumption. The capability of Aurora Labs’ technology has already been confirmed in several proof-of-concept projects. The company is entering serial implementation within the next two years.