Porsche CEO says most sales will be electric vehicles by 2030

Porsche will invest 15 billion euros ($18.1 billion) in electrification of its vehicles over the next five years.The company, however, will continue t
...
Porsche 911 Turbo
Porsche 911 Turbo

By the end of this decade, more than 80% of all vehicles sold by Porsche Automobile Holding SE will be electric, Chief Executive Officer Oliver Blume told Bild am Sonntag in an interview published Sunday.

This will include fully electric and hybrid variants, while Porsche will continue to offer its 911 model with internal combustion engines, albeit able to handle synthetic fuels, the newspaper cited the executive as saying.

Also check these Bikes

Find more Bikes
Odysse Electric Odysse Electric Hawk (HT Auto photo)
BatteryCapacity Icon2.96 kWh Range Icon170 Km
₹73,999
Compare
View Offers
Compare
Compare
Compare
Compare
Odysse Electric Evoqis (HT Auto photo)
BatteryCapacity Icon4.32 kWh Range Icon140 km/charge
₹ 1.50 Lakhs
Compare
View Offers

Also Read : Porsche budgets $1.1 billion on digitization for its cars

Porsche said earlier that it expects about half of the cars it sells by 2025 will be electric.

Over the next five years, Porsche will invest 15 billion euros ($18.1 billion) in electrification of its vehicles, the newspaper said. Of the company’s fully electric Taycan model, that starts at 80.000 euros, over 20,000 units were shipped to customers last year, the newspaper said.

Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.

First Published Date: 07 Feb 2021, 17:07 PM IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city
Select a dealer

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.