Porsche aims for profits with new gas and plug-in hybrid cars
The need to develop new gas and plug-in hybrid models comes after Porsche, in 2024, abandoned its plan for EVs to make up 80% of sales by 2030. Due to the current slowdown in growth for EV demand, particularly in the luxury sector, Porsche now plans to continue offering gas engines well into the next decade, including V-8s.
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Porsche Is Reinvesting In Combustion Engines, This Is WhyPorsche has warned that its profits will take a hit in 2025 as the company refocuses on combustion engines and plug-in hybrid ...
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Explore why the Porsche stock price has crashed to a record low this year, and what to expect later this year.
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