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Porsche CFO says Europe may delay its ICE ban

Baua Electric

On the heels of unveiling the long-awaited all-electric Porsche Macan SUV, the company’s chief financial officer Lutz Meschke delivered what could be some dreary news, if it happens: He said that Europe’s plan to ban ICE vehicles by 2035 may get pushed back due to a slowing EV demand, reports Automotive News Europe.

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Porsche retires gas-powered Boxster and Cayman in the EU with all-electric model coming

Baua Electric

The gas-powered Porsche 718 Boxster and Cayman models are being discontinued in Europe as an all-electric version approaches its debut. Porsche retires gas-powered 718 Boxster, Cayman cars After announcing plans to retire its best-selling SUV in Europe, the Macan, Porsche will do the same with its 718 Boxster and Cayman models.

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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe.

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Volkswagen, Mobileye to bring new automated driving functions to series production – ET Auto

Baua Electric

Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe’s biggest carmaker said on Wednesday. “New automated driving functions will significantly boost convenience and safety,” VW Chief Executive Oliver Blume said.

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Porsche confirms forecast on 11% upper running benefit in H1

Baua Electric

BERLIN — Porsche reported a get up in running benefit of 10.7 % to three.85 It was once dealing with upper prices than closing date partly because of advertising and marketing the Porsche Cayenne and digitalizing its operations, however saved income up by way of constant pricing on emerging gross sales, it mentioned.

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“Porsche of E-Bikes” Stokes Greyp Expectations

Cars That Think

If more evidence were needed that e-bikes and micromobility are a cool defense for a toasting planet, consider this: Porsche, the venerable sports-car purveyor, recently acquired a majority stake in Greyp. And the company has sold only about 2,000 bikes since 2019, nearly all in Europe, with about 1,200 pre-ordered for 2022.

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VW and Porsche’s electric car sales dipped, but the new Macan EV and ID.4 spark hope

Baua Electric

Volkswagen Group, including Porsche , saw EV sales dip in the first three months of the year as the company prepares to launch new electric models. 4 and upcoming Porsche Macan EV rolling out in 2024, Volkswagen is already seeing things turn around. 7 Buzz long wheelbase, Cupra Tavascan, Audi Q6 e-tron, and Porsche Macan EV this year.

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