Porsche mulls cutting electric sports cars to rein in budget #shorts #porsche #evs

Porsche was sort of already in the process of developing the the electric variant of the 718 line. Um, and that's sort of been ongoing while Porsche was facing a lot of these issues that have cropped up over the past year or two. So, you have the tariffs in the United States that are hitting them quite hard.And then you recently also had the collapse of the Chinese market. We're seeing that a lot of luxury consumers aren't really there for Porsche and they've lost something like 40% of their volumes there. ...