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Porsche CFO outlines how company will thrive in EV era

Lutz Meschke: "We will set standards also in terms of e-mobility."
November 01, 2017 05:00 AM

Porsche has no intention of reducing its 15 percent operating margin profitability target despite the heavy investments needed in EVs. Finance chief Lutz Meschke said Porsche will overcome the "enormous burden" of electrifying its lineup and will also set the standard in e-mobility. He explained how in a recent interview with Automotive News Europe Correspondent Christiaan Hetzner.

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