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Porsche is holding on to gas cars for a bit longer


Not going all EV as quickly as projected.

The company reportedly plans to launch more internal combustion engine models due to a slowdown in EV sales, according to Automotive News Europe. The automaker’s CFO, Lutz Meschke, told the outlet, “What is clear is that we are sticking with the combustion engine for much longer.” As Car and Driver notes, he also said there’s a “clear trend in the premium luxury segment” that is leaning towards gas engines, and as a result, Porsche will “react” in its product cycle.

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