Porsche built one of the best electric SUVs ever made, and does not expect the world to buy enough of them
Summary
Porsche has unveiled the Cayenne Coupe Electric, its most powerful electric SUV ever, but is taking a cautious approach to its sales strategy due to the company's worsening finances and skepticism about the EV market.
Key Points
- Porsche unveiled the 1,139-horsepower Cayenne Coupe Electric at Beijing Auto China.
- The vehicle features 0-60mph in 2.4 seconds, a WLTP range of 669km, and 16-minute fast charging capability.
- Porsche experienced its worst year ever, including a 93% decline in operating profit and a change in CEO.
- The company has withdrawn its goal of 80% EV sales by 2030 and plans to continue selling ICE and PHEV models.
- The background for this strategy change is the assessment that the premium EV market is smaller than expected.
Notable Quotes & Details
Notable Data / Quotes
- 1,139 hp
- 0-60mph in 2.4 seconds
- 669 km WLTP range
- 16-minute fast charging
- $113,800
- 93% operating profit decline
- 80% EV-by-2030 target
Intended Audience
Car enthusiasts, EV market analysts, general readers