Porsche offered glimpses of its future full-electric models -- including a flagship electric SUV positioned above the Cayenne -- as part of its goal of delivering more than 80 percent of its new vehicles as full-electric models in 2030.
The SUV will be a "new vehicle concept" for the brand that offers high performance, automated driving functions and the typical Porsche flyline, CEO Oliver Blume said during a press conference on Monday.
The new SUV, which will use parent Volkswagen Group's SSP Sport platform, will strengthen Porsche's position in the luxury segment, Blume added.
"We see profit pools in this segment growing by leaps and bounds, especially in China and the U.S.," Blume added.
Porsche's other upcoming full-electric cars will be:
- The battery-powered Macan SUV, which will be available to customers in 2024, joining the brand's first full-electric car, the Taycan sedan
- The new 718, which will be offered as a full-electric model as well as one with an internal combustion engine starting in 2025. Blume said in the medium term the 718 would be "exclusively available as an all electric model" but didn't share a timetable for this transition
- The Cayenne is poised to receive an full-electric powertrain as early as 2025.
Porsche on Monday reported record earnings and revenue in 2022 as it boosted car deliveries and tightened costs.
The company's 2022 operating return during rose to 18 percent from 16 percent in 2021. It had an operating profit of 6.8 billion euros ($7.26 billion). While a record, the result slightly missed expectations.