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Motor1
Motor1
Business
Adrian Padeanu

Porsche Admits Its EV Goals Were Too Ambitious

In March 2022, Porsche set a bold objective. The company wanted electric vehicles to account for more than 80 percent of sales by the end of the decade. But now Porsche's not so sure it can reach that goal. In an interview with Reuters, a company spokesperson said: "The transition to electric cars is taking longer than we thought five years ago."

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