The Porsche Taycan is currently the brand's only full-electric model.
FRANKFURT -- Porsche, which parent Volkswagen Group could float in a partial stock market listing later this year, set out a more ambitious sales target for electric vehicles.
More than 80 percent of newly sold Porsche vehicles will be fully electric in 2030, Porsche CEO Oliver Blume said at the group's annual press conference on Friday.
That target previously applied to Porsche's electrified models overall, which also includes plug-in hybrids.
Porsche also stuck to its long-term target of an operating margin of at least 15 percent, finance chief Lutz Meschke said. The brand's margin last year was 16.0 percent, up from 14.6 percent in 2020, Porsche said.
VW and its top shareholder Porsche SE struck a framework agreement for a potential partial listing of Porsche AG, which could value the division at up to 90 billion euros.
Such a listing would include listing up to 25 percent of Porsche AG's preferred stock, selling 25 percent plus 1 ordinary share in the automaker to Porsche SE and paying out 49 percent of IPO proceeds to VW's shareholders as a special dividend.
