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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - 23/Sep 09:34

Porsche in reverse: EV dream stalls, petrol roars back

Porsche is dramatically scaling back its push into electric cars, shelving key models and extending the life of gasoline and hybrid vehicles. The sudden reversal comes after a profit warning and has unsettled investors. One of Germany’s most celebrated luxury brands is in turmoil and intends to fight back by looking to its roots. The Volkswagen Group’s most valued car brand, which only a year ago was promising to make 80% of its sales fully electric by 2030, has now pushed back that goal indefinitely. Continue reading at newmobility.news.

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