Porsche Pulls The Plug On EV’s

[USMA81]

I just saw this YouTube video:

Sponsored

 

[USMA81]

For the Macan, the electric-only version proceeds as planned, but new ICE/hybrid variants will be added to lineup.

Cayenne EV will still be coming to market.

It looks like Porsche is pulling back from further investment in EV development in favor of PHEV’s or ICE.

 

[Greybeard72]

I didn't get that impression at all from reading multiple stories. I do get the sense that they have definitely gotten cold feet on the declared goals of going all EV in the near future. However, given what the Chinese are doing and how quickly they are moving on all fronts - batteries, cars, tech and factory automation (look at the latest advances in CATL batteries) - all these legacy automakers are going to find themselves wanting if they don't commit to the shift to EV's seriously. In spite of the all the noise in the US, I see Ford and GM moving quite aggressively to at least try to compete. BMW and Mercedes just announced some interesting cars and platforms. The Korean's are clearly all in. I love my Macan EV but if they don't keep up, I'll be going elsewhere for my next EV. I'm NOT going back to ICE cars.

 

[tmrqs]

Such clickbait.

 

[krissrock]

iirc, from what i've read, they said the highest models of the Cayman and boxster EV's will still be ICE. Meaning, the ICE and EV models will simply live along side each other

that channel has some previous EV hate videos

 

[MatC21]

Stupid title of the video, do not give him clicks. Porsche still wants to sell as many EVs, they are just adding some ICE due to slower than expected demand

 

[W1NGE]

For the Macan, the electric-only version proceeds as planned, but new ICE/hybrid variants will be added to lineup.

Cayenne EV will still be coming to market.

It looks like Porsche is pulling back from further investment in EV development in favor of PHEV’s or ICE.

2028 will see the new Macan ICE replacement and will be both ICE and hybrid. It won't be called a Macan.

 

[Wivenhoe]

The governments caused this chaos for the manufacturers. They announced a total ban of ICE cars from 2030. The manufacturers had to go all EV by then. Unfortunately, the ecomentalists hadn’t taken account of what the majority of car buyers wanted to see before committing to EV’s - reasonable range and adequate charging facilities at reasonable cost. The buyers didn’t take up EV’s (the vast majority of EV’s were bought as company cars for the tax breaks).

The UK made things worse by levying 20% VAT on public charging so using high speed public chargers cost the same per mile as petrol. They then removed the subsidy for home chargers so the buyer had to shell out over a £ 1k. A potential buyer / renter in a flat had to find a convenient and reliable public charger with no saving, pay a lot more for an EV, pay more for insurance and now, pay the same road tax. Who thought that would tempt ICE drivers into EV’s.

The governments did a U-turn and removed the ban. Who thinks there is a good chance that will be moved again when the new governments are voted in. The US already has a policy of “drill, baby, drill”, the UK is about to reverse the ban on new licences for the North Sea and Europe will change its view also.

All this has caused European car manufacturers total uncertainty in what to now develop. Isn’t it ironic that cars were identified as a prime cause of climate change and the main benefactor of this view is now China, who were the biggest or one of the biggest polluters !

 

[Wivenhoe]

Article in the The Times today -

Porsche throttles back electric ambition with fourth profit warning.

https://www.thetimes.com/article/cb...b?shareToken=c7a3a314afd34051cb6648c31177d43a

 

[CHP]

The governments caused this chaos for the manufacturers. They announced a total ban of ICE cars from 2030. The manufacturers had to go all EV by then. Unfortunately, the ecomentalists hadn’t taken account of what the majority of car buyers wanted to see before committing to EV’s - reasonable range and adequate charging facilities at reasonable cost. The buyers didn’t take up EV’s (the vast majority of EV’s were bought as company cars for the tax breaks).

The UK made things worse by levying 20% VAT on public charging so using high speed public chargers cost the same per mile as petrol. They then removed the subsidy for home chargers so the buyer had to shell out over a £ 1k. A potential buyer / renter in a flat had to find a convenient and reliable public charger with no saving, pay a lot more for an EV, pay more for insurance and now, pay the same road tax. Who thought that would tempt ICE drivers into EV’s.

The governments did a U-turn and removed the ban. Who thinks there is a good chance that will be moved again when the new governments are voted in. The US already has a policy of “drill, baby, drill”, the UK is about to reverse the ban on new licences for the North Sea and Europe will change its view also.

All this has caused European car manufacturers total uncertainty in what to now develop. Isn’t it ironic that cars were identified as a prime cause of climate change and the main benefactor of this view is now China, who were the biggest or one of the biggest polluters !

Totally agree with above. Without tax incentive (currently for businesses), it's really hard to justify electric cars in UK. Drive is amazing, but depreciation and insurance are hard to swallow and costs of charging at super charger in comparison to petrol seems no longer an advantage (charging at home with solar would be only argument in favour). Without tax incentive, hybrids with electric range around 70 miles appear much more sensible. I was driving Panamera (much lesser electric range), but city driving and going with the flow on highways was more than acceptable. If you are on a B road, just switch to petrol for fun.

 

[FirstEV]

I’d rather take it a bit further and quote the conversation between CVK and Mate Rimac regarding this particular issue in the European industry as a whole. For you who do not know Mr. Rimac is, he is the CEO of Bugatti and founder of Rimac. His company develops and supplies basically all batteries and drivetrains to manufacturers all over the world including Porsche.

When asked regarding the new competition in China along with the further
EV development Rimac said the following. One of the biggest issues with us (European companies) is that we are trying to compete in an area that we will never win. We won’t beat teslas software and we won’t have better screens than Chinese brand. We should stick to what we have always done best including high quality products and excellent drivetrains. We aren’t dropping sales due to competition, but why would we buy an Audi that basically is copied from a Chinese brand but with a 50% markup? High gloss black isn’t the way, sticking to what made German brands the best in the world are.

This is the reason everyone here even chose Porsche to begin with. Nobody has ever complained of the driving quality and fun factor, just things that they made us expect to be good but that they frankly aren’t good at.

Mate, who is basically the EV king in the sector scrapped the whole idea of an Electric Bugatti that came from VAG because he knows what the customer wants, and now it sold for almost the decade out. Not the ultimate benchmark but you get my point hopefully.

 

[CHP]

I’d rather take it a bit further and quote the conversation between CVK and Mate Rimac regarding this particular issue in the European industry as a whole. For you who do not know Mr. Rimac is, he is the CEO of Bugatti and founder of Rimac. His company develops and supplies basically all batteries and drivetrains to manufacturers all over the world including Porsche.

When asked regarding the new competition in China along with the further
EV development Rimac said the following. One of the biggest issues with us (European companies) is that we are trying to compete in an area that we will never win. We won’t beat teslas software and we won’t have better screens than Chinese brand. We should stick to what we have always done best including high quality products and excellent drivetrains. We aren’t dropping sales due to competition, but why would we buy an Audi that basically is copied from a Chinese brand but with a 50% markup? High gloss black isn’t the way, sticking to what made German brands the best in the world are.

This is the reason everyone here even chose Porsche to begin with. Nobody has ever complained of the driving quality and fun factor, just things that they made us expect to be good but that they frankly aren’t good at.

Mate, who is basically the EV king in the sector scrapped the whole idea of an Electric Bugatti that came from VAG because he knows what the customer wants, and now it sold for almost the decade out. Not the ultimate benchmark but you get my point hopefully.

For the mass market, electric is the future with autonomous driving being one of the main selling points. Mercedes currently has the lead in autonomous driving and we will see how the new generation of cars compare. Batteries will get smarter, smaller and more powerful over time. Chinese EV's are currently highly subsidised and European car manufactures are hampered by high production costs. Delaying full electric, will give EU car manufactures breathing space as subsidising electric cars in China is unsustainable for 10+ years.

 

[sor]

They never should have tried to go all EV in five years, and I understand there was regulatory pressure to try, but they can’t just “do something else” entirely because they decided they aren't good at it or they will become irrelevant. That goes for everyone. Porsche is not a mass market company, but VW is and they’re sharing tech.

Luckily the title is mega clickbait, shameful.

 

[Powerdoc]

In France the taxes have killed the Thermic Porsches. If you car is a thermic car, you have to pay this year 70 000 additional taxes . Next year it will be 80 000 and in 2027 90 000. Needless to say that most of the car sold now are PHEV or EV.
The problem for a 911 or a 718 car, is that by nature, this kind of car has to be "light" . An heavy battery will kill the driving experience. Added to the lack of the flat 6 roar, you will understand that no one will be willing to have one of this car.
Both the macan and now the Cayenne are daily cars. It's not the same segment

 

[TiLaSoul]

ecomentalists

I'm not sure there's any need for hateful rhetoric towards people who want to improve the environment, especially when lazy capitalism and weak governmental regulation is to blame for the delayed development of clean energy vehicles.

You even mention in your own post that governments back and forth on targets and their lack of commitment to charging infrastructure as reasons for a lack of adoption.

The simple facts are that ICE vehicles are horrendously harmful to the global and local environment. EVs are significantly less pollutant over their lifetime and increasingly even at production stage. The best time for hard regulation and phasing out of ICE was 20 years ago. The second best time is right now.

A lack of governmental regulation has delayed and delayed development of EV & battery technology but look how far we've come in such a short time. Batteries are more recyclable, cheaper to produce and more energy dense than ever.

The recent political winds in America have done immeasurable harm to green transitions in the automotive sector but also globally across industries.

If anyone wants 'reasonable range and adequate charging facilities at reasonable cost' you should be highly in favour of the phase out of ICE. Manufacturers chase the quickest £ And won't do it without being forced.

Sponsored