Porsche Slows EV Transition, Extends Combustion Engine Life
Porsche has revised its electric vehicle (EV) plans due to slower market demand for news. The company will miss its 2030 target of over 80 percent electric share, but it's not slowing down innovation. Instead, it's exploring new options and extending combustion engine life.
Porsche's CEO, Oliver Blume, who also leads the Volkswagen Group, has confirmed the shift. The rollout of e-mobility in key markets like the USA and China has been slower than expected. As a result, Porsche will offer more combustion engine and plug-in hybrid models in the future.
The 718 will be the first fully electric two-seater sports car from Porsche. It promises perfect weight distribution and a design success. Meanwhile, a new SUV is expected by the end of the decade, providing a combustion engine alternative to the pure electric Macan.
Porsche is also planning a new SUV series with combustion engine and PHEV drive for the B-SUV segment. The transition phase to e-mobility will take longer than initially assumed, with the lifespan of combustion engines being extended.
To cater to performance enthusiasts, Porsche will introduce new performance versions using the T-Hybrid concept. This combines combustion engine power with reduced emissions. Additionally, Porsche is exploring various vehicle concepts in the GT and hypercar segments.
Porsche's revised EV plans reflect the slower news demand for electric cars. Despite this, the company continues to innovate, with new electric models and performance versions on the horizon. The extended lifespan of combustion engines ensures options for customers who prefer traditional powertrains.
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