Lutz Meschke stated, 'What is clear is that we are sticking with the combustion engine for much longer,' signaling a continued reliance on gas models.
Meschke noted a 'clear trend in the premium luxury segment' favoring gas engines, indicating Porsche will adjust its product cycle accordingly.
Porsche had previously set an ambitious target for 80% of sales to be electric models by 2030 but is reconsidering this strategy in light of declining EV sales.
As Porsche's EV sales fall in the US and China, Meschke mentioned that the company is contemplating hybrid or combustion versions of previously planned EV models.
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