Porsche realigns propulsion strategy, retains combustion engines

Briefing
Corporate developments

Porsche’s move to realign its propulsion strategy represents a significant and pragmatic shift in response to the volatile automotive market

German high-performance sports-car maker Porsche plans to realign its propulsion strategy by continuing to offer models with internal combustion engines (ICEs) while delaying the rollout of battery-electric vehicles (BEVs) to reduce the cost of transition on its balance sheet.

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