Porsche is not exempt from the trend of putting electric powertrains into high-performance cars. The German carmaker has launched its electric vehicle strategy, during which it posed plans for partners to continue internal combustion engines in multiple models way into the 2030s.
During the annual press conference, Porsche's CEO Oliver Blume affirmed that internal combustion engines would remain important for the Cayenne and Panamera models well into the 2030s. He also admitted that the development of both is going to be continued.
Meanwhile, the auto giant will develop a next-generation gasoline-powered SUV to supersede the Macan.
Porsche Panamera, in its next generation, is a new model just rolling out, while the Cayenne has long been in the 2017 current generation and in 2023, stage two of its facelift. The V8 engine will power the Cayenne well into the 2030s. This will also be true for the Porsche Panamera, likely keeping V6 engines for the inferior versions as well.
Porsche will thus have four internal combustion engine cars in the next decade, among them the 911. However, investments into ICE are not meant to interfere with the launch of any new EVs. A fourth-generation, Cayenne, which will be electric-only, is set to launch late this year.
Immediately after that will be the 718 Boxster and Cayman EVs. There is also a big three-row electric SUV set for release later this decade.
Why does Porsche again bet on ICE?
Despite the tightening emission regime worldwide and the pressure for electrification, Porsche continues to place huge bets on ICE. The reason is that the OEM came to realize the ostentatiously declared ambitious plans for electrics are unfeasible.
The CEO of Porsche admitted that the goal for electric cars to account for 80 percent of the annual global sales of the company by the end of the decade has now become unrealistic. This decision comes when, in the last four decades, there has been a drop in sales numbers of all-electric automotive vehicles across the globe. Last year, just 12.7 percent of worldwide deliveries of Porsche cars were electric vehicles.
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