Europe's plan to phase out the sale of new combustion-engine cars by 2035 could be pushed back, said Porsche Chief Financial Officer Lutz Meschke.
"There's a lot of discussions right now around the end of the combustion engine," Meschke said on Thursday in Singapore. "I think it could be delayed."
A slowdown in EV orders has thrown into question whether the European Union is on track for the phaseout, which represents one of the most ambitious efforts to curb carbon emissions.
The region's consumers have been put off by a lack of reliable charging networks, persistently high prices and the rollback of EV incentives. The U.K. has already postponed its planned ban of new gasoline and diesel models by five years to 2035.