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VW ID.4 tax credit, Porsche SUV price, Model Y tops sales charts, Lucid rival: Today’s Car News

Green Car Reports

Porsche puts a price on its electric SUV. Tesla has the top-selling vehicle on the planet, it claims. Lucid teases a Model Y rival. And many VW ID.4 4 EV buyers will be able to claim the full EV tax credit. This and more, here at Green Car Reports. Volkswagen has confirmed that “most” 2023-2024 ID.4

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

Baua Electric

Porsche is launching four new vehicles this year, its most ever. This will include the new all-electric Macan EV , which Porsche says is already seeing strong orders. Porsche generated $44.2 Despite rising inflation and “exceptionally high investments,” Porsche maintained an operating return on sales of 18%.

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

Teslarati

Porsche announced two upcoming EVs at its earnings event today and revealed that it achieved record earnings during 2022. Porsche has had a lot of great news to deliver to investors since its IPO late last year. Porsche stated that the vehicle would be based on its SSP platform, but even the platform’s details remain under wraps.

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Tesla Model Y was Germany’s best-selling SUV in February 2024

Teslarati

The Tesla Model Y is continuing its quiet conquest of Europe’s SUV and battery electric vehicle sector. In February 2024 alone, the Model Y secured its place as the best-selling SUV and battery electric vehicle (BEV) in Germany with sales of 5,408 units. As per the KBA, 61,925 SUVs were sold in the country in February 2024.

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Luxurious new K1 SUV added to Porsche EV charge, Cayenne to go electric

EV Central

A luxurious new electric seven-seat SUV to sit above the soon-to-be-EV Cayenne SUV has been confirmed by Porsche as part of its increasingly electrified future model mix. Codenamed K1, the new EV will be based on the SSP Sport architecture being developed by Porsche for the Volkswagen Group and arrive as soon as 2027.

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Porsche Taycan follows 911 with double-digit sales growth in 2023

Baua Electric

Porsche Taycan sales picked up toward the end of 2023, with over 40,600 electric models handed over last year. The Taycan followed the Porsche 911 with double-digit sales growth in 2023. Porsche delivered 40,629 Taycan electric cars last year, up 17% compared to 2022. Porsche’s sole EV represented 10.8%

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