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Porsche plans an electric SUV on the Cayenne, the successor to the electric Panamera


Porsche laid out some of its key future plans on Monday during a capital markets day showcase aimed at attracting investors ahead of a scheduled for initial public release later this year.

Key among the plans is confirmation that Porsche’s lineup will be expanded with a seventh model, an electric SUV that will be built at Porsche’s plant in Leipzig, Germany, in the second half of the decade. .

It is also the factory that Porsche plans to build Electric Macan tested, though the new SUV won’t be related to the electric Macan. It will be a premium model positioned above the Cayenne. Maybe the SUV is the three-row model reportedly showed up to dealers last fall.

2024 spy shots of Porsche Macan EV - Image source: S. Baldauf / SB-Medien

2024 spy shots of Porsche Macan EV – Image source: S. Baldauf / SB-Medien

Porsche CEO Oliver Blume said during the introduction of the new model that it is part of Porsche’s strategy to increase profit margins by focusing more on the premium segment.

“[The SUV] will further expand our position in the luxury car segment,” he said. “We are specifically targeting segments with higher margins and aim to exploit new sales opportunities in this way.”

Autocar learned the SUV will ride on Volkswagen Group SSP Platform was developed to cover approximately 80% of the vehicles in the automaker’s brand portfolio, although the SUV will use a special sport variant of the SSP platform developed by Porsche and also intended for use by Porsche. electric cars from Audi, Bentley and Lamborghini. The first application of the standard SSP platform will be Volkswagen codename Trinityand is due in 2026.

2021 Porsche Panamera Turbo WILL

2021 Porsche Panamera Turbo WILL

Autocar also knows that the Panamera won’t disappear despite the Taycan’s appearance being just a few inches shorter. One Big update to the current Panamera will be launched soon, after which the electric successor will be launched into the market. Maybe the next Panamera will increase in size to help target large sedan buyers.

One last major announcement made during the capital market day presentation was a plan to deliver 718 exclusively with electric power mid-decade. The model is expected to use a reservation platform developed by Porsche and previewed in 2021 in the concept of Mission CHEAP.

The rapid growth in demand for electric vehicles in the luxury sector has surprised many automakers, including Porsche. Just recently, the automaker predicted that half of its vehicle lineup would be electrified (hybrid and electric vehicles) by 2025, but now it’s publicly stating that half of its lineup will be electrified. will likely be made up of electric-only cars by that day. In addition, Porsche predicts that more than 80% of its sales will be electric by 2030, with the remainder being generated by 911 — The ultimate property for internal combustion engines.



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