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Porsche Scraps Electric Car Targets as Demand Slumps

by Will Jones
23 July 2024 7:43 PM

Porsche has abandoned its sales targets for electric vehicles amid waning demand from customers. The Telegraph has the story.

The German car manufacturer previously said that EVs would account for 80% of its new vehicle sales by 2030. But bosses have now watered down that goal, saying sales will depend on uptake and how the technology develops around the world.

It comes after a slew of rival car companies watered down plans for electric models, cast doubt on customer enthusiasm for the technology and expressed support for low-carbon alternatives to petrol known as e-fuels.

Porsche said: “The transition to electric vehicles will take longer than we assumed five years ago.

“Our product strategy is set up such that we could deliver over 80% of our vehicles as all electric in 2030 – dependent on customer demand and the development of electromobility.”

Oliver Blume, Porsche’s Chief Executive, said as recently as March that the company would “stay true” to its target.

However, Porsche has also been keen to emphasise its ability to react to swings in demand, with its factory in Leipzig capable of making fully electric cars, plug-in hybrids and combustion engines on one production line.

Carmakers including Mercedes-Benz and Renault have scaled back their EV targets in recent months and even Tesla has softened its sales forecasts amid signs consumers are reluctant to make the switch from petrol and diesel models.

Worth reading in full.

Tags: Electric vehicleEVsGermanyNet Zero

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24 Comments
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Noumenon
Noumenon
4 years ago

Good luck to ’em! The forgers that is.

47
0
BeBopRockSteady
BeBopRockSteady
4 years ago

Problem Reaction Solution

18
0
RickH
RickH
4 years ago

My only concern is that the forgeries need to be better.

44
0
karenovirus
karenovirus
4 years ago

So they identify 100 of the most amateurish slapdash forgeries simply because of spelling mistakes. Who knows how many use more professional forgers and how would border staff validate one from Bulgaria (Cyrilic script) or in Greek ?

The report says a majority of the 20,000 daily arrivals are hauliers, does Mities contract extend to checking up on those whose ‘home’ is an overnight truckstop at a motorway service station ?

Total unthought out shitshow as per usual.

29
0
alw
alw
4 years ago

Who would have thought!

11
0
bOrgkilLaH1of7
bOrgkilLaH1of7
4 years ago
Reply to  alw

Who would have thought…faking covid results in a NHS hospital?

https://www.youtube.com/watch?v=5IRJDAK4HKE

3, 2… 1 and its gone from YouTube!

7
0
karenovirus
karenovirus
4 years ago
Reply to  bOrgkilLaH1of7

Wow, they both know their stuff.
Still up at 19.00hrs.

0
0
karenovirus
karenovirus
4 years ago
Reply to  karenovirus

And still 03.30, 6.4k views

Last edited 4 years ago by karenovirus
0
0
Susan
Susan
4 years ago

Here we go. A justification for more stringent control: implants, internment…

14
0
A Heretic
A Heretic
4 years ago

They missed the obvious point that all these nasty, dirty foreigners coming in with their fake certificates have caused a massive spike in cases and deaths. oh wait…

13
0
Banjones
Banjones
4 years ago
Reply to  A Heretic

Probably just added to all the bodies in the streets and overwhelmed hospitals, after that huge protest march about three weeks ago.

7
0
adamino
adamino
4 years ago

… and despite this cases and deaths are going down as we’re coming out of the seasonal respiratory cycle. It’s all about control… that should be clear by now…

9
0
Attaboy
Attaboy
4 years ago

wow, so thorough in weeding out fake certificates but not yet able to figure out that this health crisis is a FRAUD….. funny world we live in

23
0
arfurmo
arfurmo
4 years ago

A friend wants to know where to get one and the going rate .

17
0
sophie123
sophie123
4 years ago
Reply to  arfurmo

Yeah my friend too

10
0
Keencook
Keencook
4 years ago
Reply to  sophie123

ditto

6
0
Crystal Decanter
Crystal Decanter
4 years ago
Reply to  arfurmo

Telegram

1
0
Catee
Catee
4 years ago

🤣🤣🤣😂

3
0
Nessimmersion
Nessimmersion
4 years ago

Presumably there is a template online where you can get the worthless piece of paper?
Obvs asking for a friend

15
0
Victoria
Victoria
4 years ago

Ha ha. How inventive!!

0
0
Crystal Decanter
Crystal Decanter
4 years ago

Get one drafted up in Welsh or Gaelic and then cry foul
works for the celts every time

0
0

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