Published

Porsche Doubles EV Target for 2025

Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
#hybrid #economics

Share

Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.

Detlev von Platen, the company’s sales chief, tells Bloomberg News, says the more bullish target reflects the brand’s expanding lineup of electrified models. He also notes that pro-EV policies in China, already the world’s largest market for such vehicles, is shaping the industry.
 

“The train for electric mobility,” declares von Platen, “has well and truly left the station.” He notes that 60% of those who buy the company’s $90,000 Panamera (pictured above) are choosing the four-door coupe’s optional $10,000 hybrid system.

RELATED CONTENT

  • What the VW ID. BUGGY Indicates

    Volkswagen will be presenting a concept, the ID. BUGGY, a contemporary take on a dune buggy, based on the MEB electric platform that the company will be using for a wide array of production vehicles, at the International Geneva Motor Show.

  • Tesla Owners in Germany Ordered to Return Subsidy

    Germany has ordered about 800 Tesla Model S electric cars owners to pay back a €4,000 ($4,700) government subsidy they received.

  • Startup Readies Solar-Powered EV

    Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.

Gardner Business Media - Strategic Business Solutions