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Porsche delays new electric car after demand slump
Yahoo Finance· 2025-09-20 05:00
Porsche and Volkswagen chief Oliver Blume says carmakers are ‘experiencing massive changes’ - Alex Kraus/Bloomberg Porsche has delayed the launch of its new electric vehicle (EV) as weak demand forces the German car manufacturer to focus on petrol and diesel engines. The company, owned by Volkswagen, said the launch-date for an EV version of its new SUV had been scrapped and the model would instead be sold as a combustion engine and plug-in hybrid version. Porsche said the delay was a “response to the ...