The Latest Breaking News from Lutz Meschke

Porsche hits the brakes on its electric-only plan – and it’s not the only major manufacturer keeping gas engines running

The big V8 found in Panamera and Cayenne will live on into the 2030s, says Porsche.

TechRadar · Nov 28, 2024

Porsche: Future EVs Might Get Gas Engines After All

Porsche has realized people still want gas cars, admitting recently the EV adoption isn’t going as planned. Indeed, sales of the fully electric Taycan sedan/wagon duo are down by a whopping 50% globally through the third quarter of 2024. Automotive News Europe now quotes the company’s Chief Financial Officer saying…

Motor1 · Nov 26, 2024

Porsche Is Reconsidering Its Electric-Only Strategy

About a decade ago, more than a few high-end luxury automakers looked at the success of Tesla and said, "Why not us?" But what they're now learning is that many of their clients would want to pick an internal combustion car over an electric vehicle, and even pay a premium for…

InsideEVs · Oct 28, 2024

Porsche Warns Significant Price Increases Planned For 2024MY Cars

In addition, the Macan, 718, and Cayenne EVs will be about 15 percent costlier than the ICE models.

Motor1 · Mar 14, 2023

Porsche Claims EVs Can Be More Profitable Than ICEs

Parity will be reached within two years.

Motor1 · Jul 25, 2022