Taycan, Macan Electric, Mission X — Zuffenhausen’s electric performance program, lap by lap.
Porsche announced its third U.S. price increase in recent months and confirmed production of the gas-powered Macan SUV will end in mid-2026, yet shares of the German luxury automaker jumped more than 4% Monday as Wall Street reacted positively to new financial guidance suggesting the worst may finally be over. The developments cap a brutal…
The European Union announced a comprehensive strategy to slash its dangerous dependence on Chinese rare earth materials just 16 days after Beijing imposed sweeping export restrictions that threaten to choke European electric vehicle production. European Commission President Ursula von der Leyen unveiled RESourceEU on Saturday at a conference in Berlin, calling China’s October 9 export…
Porsche AG just posted the most humiliating quarter in its 77-year history—a €967 million ($1.1 billion) operating loss that marks the luxury automaker’s first quarterly loss since going public in 2022. According to Bloomberg, the sports car manufacturer is hemorrhaging cash as it scrambles to unwind an expensive electric vehicle strategy that spectacularly backfired against…
Porsche is significantly altering its electric vehicle strategy, delaying the launch of some all-electric models and re-emphasizing combustion and hybrid powertrains in response to a cooling EV market and other economic pressures. The move, which includes a substantial cut to its profit forecast accorsing to the WSJ, signals a major recalibration for the iconic German…
The 2026 Porsche Cayenne Electric is nearing production and looks set to redefine the high-performance EV SUV segment. In early prototype drives outside Barcelona, Spain, Car and Driver reported that Porsche’s upcoming all-electric version of its flagship SUV will deliver up to nearly 1000 horsepower in its Turbo trim, lightning-fast 400-kW charging capability, and the…
Porsche is ending in-house battery cell production at its Cellforce subsidiary and converting the unit into a dedicated R&D operation, citing insufficient volumes, lack of economies of scale, and tougher conditions in the U.S. and China. Roughly 200 of 286 jobs at the Kirchentellinsfurt site are expected to be cut, with some potentially absorbed by…
Imagine shelling out for a sleek Porsche Taycan, only for tariffs to jack up prices – that’s the harsh reality hitting Mercedes and Porsche as they slash profit forecasts amid US trade blows and China’s cutthroat EV battles. Mercedes-Benz Group AG and Porsche AG have revised their annual profit expectations downward, highlighting the impact of…
Drama in the EV world: Volkswagen’s profits cratered 38% this half-year, as U.S. tariffs turn the green revolution into a red-ink mess. Volkswagen Group reported a sharp decline in profits for the second quarter and first half of 2025, even as vehicle deliveries rose, highlighting the challenges of transitioning to electric vehicles (EVs) while facing…
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