Porsche has announced the 'Porsche 718' sports car, slated for a 2025 release. While this vehicle will be all-electric, Porsche has also confirmed that its upcoming 'Porsche 911' will feature hybrid power. Porsche has not released exact specifications on its 718 sports car yet, but it has stated that this will be the "best all-electric car in the b-segment."
While this landmark EV will release in 2025, Porsche has announced a new business-wide commitment to move toward EVs. The automaker stated that it is aiming for 50% of its sales to become EVs and hybrid vehicles by 2030. On top of this, Porsche wants 80% of this half to be EVs. This works out to approximately 40% EV, 10% hybrid, and 50% gas-powered vehicle sales by 2030.
Porsche has only released this commitment as a guideline and it is quite possible that its EV sales could be a larger margin than 40% of its sales based on the success of its many upcoming EV models.
Automaker EV Pledges
Porsche is Building an EV-Charging Network and Committing to Selling EVs
Trend Themes
1. Automaker EV Commitments - Companies are increasingly pledging to shift their production and sales towards electric vehicles, offering disruptive opportunities for those investing early in the trend.
2. High-performance Evs - The introduction of high-performance EVs, like Porsche's sports cars, opens up avenues for innovation in the performance and luxury EV market.
3. EV Charging Infrastructure - The demand for EVs creates opportunities for companies to develop and expand EV charging networks, supporting the growth in EV adoption.
Industry Implications
1. Battery Technology - The growth in EV adoption prompts advancements in battery technology, potentially leading to innovative energy storage solutions.
2. Green Energy - The transition to electric vehicles presents opportunities to develop green energy sources to fuel the EV charging network.
3. Automotive Manufacturing - As automakers introduce new EV models, the automotive manufacturing industry must evolve, creating opportunities for innovative production techniques and materials.