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Porsche Recasts Product Plan, Adds New Gas Models and Delays EV Platform

The pivot reflects softer demand for high-end electric cars and a sharp slowdown in China.

Overview

  • Porsche will introduce new internal‑combustion and plug‑in‑hybrid models and keep existing gasoline lines on sale longer.
  • The seven‑seat K1 SUV, previously conceived as all‑electric, will launch first as a combustion and PHEV offering due to market conditions.
  • Panamera and Cayenne will receive successor generations with gasoline engines, while the 911 remains non‑electric.
  • The next 718 Boxster/Cayman platform will accommodate pure‑combustion top derivatives, which Porsche signals are planned before decade’s end.
  • A planned BEV platform for the 2030s has been postponed and will be reworked with Volkswagen Group, prompting up to €1.8 billion in 2025 charges and a cut to operating margin guidance to about 2% on unchanged €37–38 billion revenue.