Categories: Auto News

Bloomberg: Porsche is ready to abandon the Cayman and Boxster electric cars

The German automaker is considering this possibility as part of cutting costs on creating new models and due to delays in the development of new products. The company admits that demand for electric cars was not as high as expected.

Agency sources said that Porsche’s new CEO, Michael Lighters, may abandon the development of all-electric versions of the 718 Boxster and Cayman sports cars. This scenario is associated with the need to reduce costs, which have increased significantly due to the company’s ambitious plans in the field of electric vehicles.

The main reasons for the possible decision are the protracted development time and the growing costs of the project. Removing the 718 electric line from its product plan will allow Porsche to reconsider its budget and focus resources on higher priorities.

The introduction of a rechargeable hybrid version into the line of budget sports cars will further complicate the situation, since such a car requires a different platform and its development will take several years.

Abandoning the electric 718 Cayman and Boxster is one of the options being considered by the new head of Porsche; a final decision has not yet been made, Bloomberg clarifies. Porsche declined to comment on this information.

Recent Posts

Poland will ban Chinese vehicles from entering military installations due to suspicions of espionage

As Carscoops reports, the country's officials are citing a recent study that describes modern cars,…

The most powerful electric car in Jaguar history is being tested in northern Sweden

The goal is to perfect the stabilization and handling systems to ensure signature, but predictable…

Toyota will introduce a large three-row SUV to replace the Highlander model

The full premiere is scheduled for February 10, 2026. Carscoops published the first images of…

Fit Service named three disadvantages of remote car start

If the auto-start alarm is incorrectly configured, the engine runs for a long time with…

The top 10 most reliable Toyota cars have been compiled

The rating was compiled by the portal Topspeed.com. The models on this list have been…

Number plates of the “AMP” series began to be confiscated in Russia following the legendary “EKH”

According to Mash, 15 such combinations with region code 97 were confiscated in the Moscow…