Porsche wants to sell 80% only electric cars by 2030

A few days ago, Porsche presented its annual report, according to which it recorded a leap in sales despite the ongoing pandemic and high inflation. At the same time, the carmaker’s CEO unveiled its plans to electrify the Porsche portfolio as well as build a network of premium charging stations.

Porsche has always specialized in luxury sports models. Recently, the carmaker’s management released its annual report for the past year as well as its plans for the future.

According to Porsche’s CEO, Oliver Blume, 80% of all Porsche cars sold will be all-electric by 2030. The change will certainly not come in leaps and bounds then, but the electrification of the portfolio will happen gradually. Already today, Porsche registers at least 40% of all new cars sold as at least partially electric.

“In 2025, half of all new Porsche sales are expected to come from the sale of electric vehicles – i.e. all-electric or plug-in hybrid. In 2030, the share of all new vehicles with an all-electric drive should be more than 80 percent.”

Even with high inflation and the coronavirus pandemic still lingering, the Porsche carmaker saw a jump in year-over-year sales of $4.8 billion. Interestingly, sales of the all-electric Porsche Taycan surpassed those of the iconic 911 for the third year in a row.

In addition, Porsche is preparing a new version of the engine for 2025 that will be included in all all-electric cars. The carmaker has also decided to invest in “premium charging stations” and its own network of charging stations. Audi, which like Porsche is part of the Volkswagen Group, dreams of something similar. It is thus possible that Volkswagen could create one network of charging stations for its premium car models.

Businessner editorial team
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