Porsche built one of the best electric SUVs ever made, and does not expect the world to buy enough of them
Summary
Porsche unveiled its high-performance electric SUV Cayenne Coupe Electric at Auto China, but expressed skepticism about market demand due to the company's financial difficulties and setbacks in its electric vehicle sales target.
Key Points
- The Porsche Cayenne Coupe Electric boasts outstanding performance, including 1,139 horsepower, 0-60 mph in 2.4 seconds, 669 km driving range based on WLTP, and 16-minute fast charging.
- The vehicle starts at $113,800 and was launched amidst the worst financial situation in Porsche's history (operating profit down 93%).
- Porsche announced that it would withdraw its goal of selling 80% electric vehicles by 2030 and continue to sell internal combustion engine and PHEV models.
- This reflects Porsche's judgment that the premium electric vehicle market is smaller than expected.
Notable Quotes & Details
Notable Data / Quotes
- 1,139 hp
- 0-60 in 2.4 seconds
- 669 km WLTP range
- 16-minute fast charging
- $113,800
- 93% operating profit decline
- 80% EV-by-2030 target
- 113-kilowatt-hour battery
Intended Audience
Car enthusiast, electric vehicle market analyst, general reader