Porsche revises EV strategy, now exploring hybrid powertrains amidst 50% decline in Taycan deliveries.

Porsche is revising its electric vehicle strategy, planning to include internal combustion options in future models. Initially aiming for EVs to represent 80% of sales by 2030, the company will now explore hybrid powertrains. CFO Lutz Metschke emphasized the importance of responding to customer demand while continuing to refresh combustion-engine models like the Panamera and Cayenne. This shift follows a 50% decline in Taycan deliveries compared to last year.

October 28, 2024
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