Porsche is rolling back its EV plans and promising new ICE cars well into the 2030s, including the new K1 as an ICE-powered Super SUV.
Car manufacturers in Europe are between a rock and a hard place with the forced rollout of EVs mandated by legislation, particularly in the UK and Europe, with a real danger that many “will not survive” and an industry that is the bedrock of economies will crumble.
Just like all legacy car makers, Porsche has been trying to convince its customer base that the future for Porsche is EVs, but despite the Taycan being an impressive car, it has not been the success Porsche hoped for, with sales down by 49% in 2024 and used models crashing in value.
EDIT – 4 days ago.
