PORSCHE: the Czech engineer who CHANGED THE HISTORY of the car

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Starting Finance

Published on Oct 8, 2024
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To learn more about Scalable Capital click here ???? https://partner.scalable-capital.de/g... With Scalable you enter the world of investments with a secure and regulated partner and you can start investing in stocks and ETFs and create savings plans with any amount. Investing involves risks. *The statements, comments and other contents of this video even if individual issuers, companies or financial instruments are mentioned, should not be interpreted as investment advice and do not constitute, directly or indirectly, a recommendation or solicitation to buy, hold or sell any financial instrument or any advice relating to it. #economy #finance #startingfinance #ad #scalablecapital - Ferdinand Porsche was undoubtedly an engineering genius who with his work changed the history of cars forever. With a passion above all for racing cars. Before starting to produce cars with his company, he participated in the expansion of most of the major German automotive companies, from Mercedes Benz to Audi. Above all, he led the birth of Volkswagen, as well as designing the company's first car, the Beetle. Ferdinand Porsche was born in 1875 in a small village north of what is now the Czech Republic, which was then part of the Austro-Hungarian Empire. The son of a plumber, as a young man he spent his time studying electricity despite his father's opposition. Although he was self-taught, Porsche achieved an excellent level, so much so that he was able to build a system of electric lights and a working generator for his parents' house. Then in 1893 he went to work in Austria, in Vienna, where he was hired by Bela Egger, a company specializing in developing and producing electrical devices. At the time, this was considered cutting-edge work. Porsche, thanks to his ability, quickly rose through the ranks, going from a simple worker to a manager. During this period, he was involved in a project in collaboration with Lohner to create a hybrid car, equipped with both a heat engine and electric motors. Porsche built the electric motors for what would be the world's first working hybrid car. After the success of this car, exhibited at the 1900 Paris Expo, Porsche was hired by Lohner, the company that would later become Mercedes Benz. With Lohner, which became Mercedes Benz in 1926, Porsche developed mainly racing cars with record performances for their time, such as the Austro Daimler Sascha. In 1931, after years at the top of Mercedes, Porsche managed to save enough money and find investors to found his own company in Stuttgart, Germany. At first, however, he did not produce cars but instead designed cars for others. In 1932, he designed the first car for Auto Union, a company born from a merger that is now known as the Audi brand. During the Nazi period in Germany, Porsche was given the task of creating an efficient but economical car based on the Ford model in America. Porsche then designed the first Volkswagen, called the Beetle. The Nazi government had promised him, after the Beetle, to finance the creation of a new racing car. Instead, Porsche received the order to design military vehicles. He will also participate in the project to create the famous Panzer Tiger. After the war he is taken prisoner by the French army, he will be freed only after a few years. In June 1951 the first car produced directly by Porsche and with the Porsche brand, the Porsche 356, is presented and raced. Ferdinand Porsche, however, will never see the commercial success of his creation. In fact, he died in early 1951. INDEX: 00:00 Intro 00:24 An unappreciated boy prodigy 04:07 From electricity to cars 08:29 Ever faster 12:18 Porsche becomes a company 16:17 Porsche under Nazism 19:56 The first real Porsche SOURCES: Britannica Stuttcars Porsche.com Forbes Mavment Volkswagen.com Treccani Corriere della Sera Mercedesbenz.com Author: Cosimo Volpe Text revision: Andrea Costantini Editing: Daniele Ponzi Animations: Dario Bozzi Art Director: Maicol Morbidelli Coordination: Edoardo Scirè #StartingFinance #Finance #Economy Starting Finance Masterclasses: https://bit.ly/SF-MasterclassYT Starting Finance T-shirts: http://bit.ly/shopSFyoutube STARTING FINANCE CHANNELS: Instagram: / startingfinance Facebook: / startingfinance TikTok: / startingfinance Linkedin: / starting-finance Telegram: https://t.me/StartingFinance Website: https://www.startingfinance.com/

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