ICYMI The first two-seat electric Porsche will be a 718, executives confirmed on a far-reaching video call with reporters. — via drivingdotca autonews luxurycars electricvehicles EV
Drivers can also expect a hybrid version of the Porsche 911, Oliver Blume, Porsche’s chief executive officer, said Thursday. But he did not specify when production — which would use on-board rather than plug-in hybrid technology — would begin. The question of how many variants of the 911 might get the hybrid treatment was also not answered.
The news comes after Volkswagen said February 22 that it’s preparing an initial public offering of Porsche, its most profitable asset, to help fund production of additional electric vehicles. Blume and Porsche Chief Financial Officer Lutz Meschke have steadfastly refused to comment on the possible listing, which could value the company as high as €90 billion , according to Bloomberg Intelligence. The IPO could happen in the second half of this year.
Sales of the Taycan, which starts at US$82,700, have soared. Last year, the company delivered 41,296 globally, exceeding sales of the legendary 911, which reached a record 38,464 units. Strip off the aero package on this Porsche Mission R concept and you get a sense of the Porsche 718 EVs will look like in 2025.“We see that 2021 has made clear that we are weather-proof, even in stormy times,” Blume said. “We have achieved strong results. This has put us in a first-class position for the future.”
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