Porsche's Transition to Electric Vehicles

SOURCE www.breitbart.com
Porsche is slowing its transition to mostly electric vehicles due to longer than expected timeline. The company set a goal for 80% of sales to be electric by 2030 but is now tying it explicitly to customer demand and sector developments.

Key Points

  • Porsche is slowing its transition to electric vehicles
  • 80% of sales to be electric by 2030 goal may not be met as planned
  • Porsche's strategy depends on customer demand and electromobility sector developments