• Porsche Audi Porsche may scrap its EV sports car, but this luxury brand won’t Although Porsche is considering scrapping the 718 Boxster and Cayman EVs,Audi’sCEO told employees that the electric TT successor is still on track. • Audi says its EV sports car is still on track Following the Taycan, Macan Electric, and Cayenne Electric, Porsche was planning to introduce the 718 Boxster and Cayman EVs as early as this year. • That may no longer be the case. • According to a recentBloombergreport, Porsche’s new CEO, Michael Leiters, may cancel the EV sports cars altogether, citing sources familiar with the matter. • The source said higher expenses and development were to blame. • Following the report, speculation arose that sister brand Audi’s upcoming electric TT successor, which will share batteries, drivetrains, and other components with the 718 EVs, was also on the chopping block.
Article Summaries:
- Porsche’s new chief, Michael Leiters, is reportedly considering canceling the 718 Boxster and Cayman electric models due to high costs and development challenges. This raised concerns that Audi’s electric TT successor, which would share components with the 718 EVs, might also be at risk. Audi’s CEO, Gernot Döllner, reassured employees that the platform delivery is secure and that the partnership with Porsche remains strong. Audi has already previewed the Concept C roadster at the Munich Motor Show, signalling its commitment to a next‑generation electric sports car. While Porsche pivots back toward hybrids and ICE vehicles, Audi continues to push forward with its EV strategy.
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