Porsche says 80 percent of its cars will be electric by 2030

Porsche is today updating the world on its financial results and, by extension, its plans to remain relevant in a world that’s clearly not going to survive climate change. The German luxury brand said that it had seen sales leap by €4.4 billion (around $4.8 billion) and plenty of interest in its models. For the third year running, Porsche’s pure-EV Taycan line managed to outsell the iconic 911, with 41,296 units of the electric ride out the door, while the flagship managed 38,464 units. To Mother Nature’s chagrin, however, both were outsold by the Macan and Cayenne SUVs, which sold around 171,433 units between them.

The company has said that it wants 80 percent of its sales to be “all-electric” by 2030, with an additional plan to be carbon-neutral at the same time. Part of that push will be led by a new version of the mid-engine 718, which will be released “exclusively in an all-electric form” at some point around 2025. Of course, it won’t be until we get an entirely electric 911 and Cayenne that we’ll see the real extent of Porsche’s commitment. But hopefully the baby steps so far will translate into much faster action the …read more