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Porsche stands by EV gross sales goal regardless of falling Taycan gross sales

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Porsche stands by EV gross sales goal regardless of falling Taycan gross sales

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Regardless of gross sales of its sole electrical sports activities automotive falling within the first half of the yr, Porsche is standing by its EV gross sales goal for 2023. The automaker is warning provide chain disruptions might stay a problem for EV progress.

Porsche remains to be aiming for 12%-14% EV gross sales share in 2023

Porsche launched the Taycan in 2019, and it rapidly rose to grow to be one of many model’s top-selling fashions.

Nonetheless, the expansion has been fading for almost two years now. After Taycan gross sales fell 16% final yr to 34,801 items, Porsche attributed it to “provide chain bottlenecks and restricted element availability.”

The development has continued this yr, with Taycan EV gross sales slipping one other 4.7% within the first half of 2023 to 17,991 (in comparison with 18,777 in H1 2022).

In line with Porsche, the Taycan deliveries proceed to really feel the impression of “shortfalls within the availability of elements,” extra so than in different fashions. The electrical automotive requires as much as 5,000 semiconductors, which is greater than some other car in its lineup.

Regardless of the shortcomings up to now this yr, Porsche confirmed it nonetheless expects to hit its EV gross sales goal of 12% to 14% supply share.

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Porsche Taycan Turbo (Supply: Porsche)

Porsche’s EV share was at 10.8% by way of the first half of the yr, down from 13% final yr.

In the meantime, Porsche continues counting on its ICE automobiles, with increased deliveries, working revenue, and income.

A number of reviews recently have indicated Porsche will proceed to lean on ICE automobiles for the foreseeable future. For instance, final month, Automotive Information reported Porsche was reconsidering plans to part out gas-powered Macan gross sales.

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Porsche Macan EV winter testing (Supply: Porsche)

A new report from Reuters claims Porsche plans to make the gas-powered 911 its final gas-powered car in its lineup. 911 deliveries grew by over 20% within the first half of the yr.

The Macan EV is predicted to be Porsche’s second all-electric car, due out subsequent yr. After that, an electrical 718 is deliberate for 2025, adopted by the Cayenne EV in 2026.

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Porsche Macan EV is due out in 2024 (Supply: Porsche)

Porsche can be growing a premium luxurious electrical SUV anticipated to launch in 2027. The corporate is aiming for 80% of its lineup to be electrical by 2030.

Electrek’s Take

Regardless of CEO Oliver Blume’s declare that “As soon as once more now we have posted profitable figures whereas investing extensively in our future on the identical time,” Porsche doesn’t have a lot to point out concerning EVs.

Its sole electrical car “continued to be significantly affected by the restricted availability of elements” within the first half.

Porsche has been claiming that provide chain points are a factor of the previous, however are they? The automaker is sticking to its EV gross sales goal this yr, so we’ll proceed to observe the scenario because it unfolds.

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