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Porsche expects more than 80% of new vehicle sales to be all-electric in 2030

Green Car Congress

In 2025, half of all new Porsche sales are expected to come from the sale of electric vehicles—again, all-electric or plug-in hybrid, said Oliver Blume, Chairman of the Executive Board of Porsche AG. Further extensive investments are flowing into core technologies such as battery systems and module production. billion, €4.4

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Porsche confirms Cayenne EV and second, larger all-electric SUV

Teslarati

The German brand announced that it had achieved record earnings in 2022 and revealed two new EV models, a Porsche Cayenne EV and an unnamed EV SUV placed above the Cayenne. The release date of this second SUV was not specified, but it will likely follow the introduction of the Cayenne EV in the second half of this decade.

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Porsche Q1 sales soar, but Taycan production issues remain

Teslarati

Porsche has released its Q1 sales report, and it’s a mixed bag for Europe’s most valuable car maker. Despite Porsche’s limited EV offerings compared to its traditional rivals and its newest competitor, Tesla, the brand has been making headway, with sales climbing consistently quarter over quarter.

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Porsche brings the V-8 again to its ultimate gas-powered Cayenne

Baua Electric

LOS ANGELES — Porsche has put the combustion engine Cayenne at the trail to depart, however first, the automaker is giving the workhorse midsize crossover a midcycle freshening that feels extra like a redesign. To raise the riding revel in, Porsche has dialed up engine output around the Cayenne lineup. of Cayenne gross sales. .

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An all-electric Range Rover Sport EV is coming to rival Porsche’s best-selling Cayenne

Baua Electric

The Range Rover Sport EV will look very much like its gas-powered predecessor as a legitimate rival to Porsche’s best-selling Cayenne SUV. The highest-spec Range Rover SV, with an average price of $260,000 (£202,000), has already surpassed last year’s sales through the first three months of 2024 (3,637 vs 1,909).

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Mullen secures $150 million financing deal, production Bollinger is a go

Baua Electric

Commercial EV manufacturer Mullen has scored a $150 million capital infusion that will allow it to expand its domestic and international sales efforts – and put Bollinger’s beefy electric trucks into series production. The Bollinger B4 is a cabover-style chassis cab with a 15,500 lb. FTC: We use income earning auto affiliate links.

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Porsche sticks to EV sales target with new electric Macan already seeing strong orders

Baua Electric

Porsche AG 2023 earnings results “Our strong results are due to the high demand for our attractive products and strict cost discipline,” Porsche CFO Lutz Meschke said following the company’s 2023 earnings results. Despite rising inflation and “exceptionally high investments,” Porsche maintained an operating return on sales of 18%.

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