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

Green Car Congress

Last year, almost 40% of all new Porsche vehicles delivered in Europe were already at least partly electric—i.e. 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.

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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 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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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

Green Car Congress

of total California auto sales in 2021. The CEC updates its Zero Emission Vehicles (ZEV) sales figures quarterly by analyzing DMV data. Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

.& As things currently stand, the European Union has plotted banning the sale of new combustion-engine cars by 2030. However, Porsche Chief Financial Officer Lutz Meschke was quoted by Automotive News on Thursday casting some doubts.& We should probably take Porsche’s comments seriously. I think it could be delayed."

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Porsche warns supply chain issues are affecting EV production

Teslarati

Porsche AG has warned that supply chain issues were causing disruptions in its electric vehicle production. Despite this, the carmaker remained optimistic about its BEV sales target since luxury demand has proven resilient, but the issues could point to slower growth in China and Europe. increase in operating profit, reaching 3.85

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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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