May 25, 2022

The Porsche 718, a mid-engined roadster that embodies the automaker’s motorsport history in a modern package, will go all-electric by 2025.

Announced at Porsche’s annual meeting, the 718 EV is part of the company’s ambitious and recently expanded plans to electrify its fleet. The company said Friday that it wants 80% of all new sales to come from all-electric vehicles by 2030.

“We have a very flexible engine strategy due to the different rates of change in different regions of the world,” Bloom said. “We are committed to emotional combustion engines, powerful plug-in hybrids, sport hybrids and all-electric vehicles.” He stated that some models will be offered with different parallel powertrains and stressed that the 911 will continue to be offered with an internal combustion engine.

The Porsche 718 EV, which will be the third all-electric vehicle in its portfolio, follows the all-electric Taycan, which debuted in 2019, and the upcoming Macan.

The new sales target may not be met due to the growing popularity of the Taycan and its many modifications. The all-electric Macan and 718 EV will help close that gap, business leaders said at a briefing ahead of the annual meeting. The company also said Friday that it plans to build its own network of electric vehicle charging stations with seating areas where customers can work or drink coffee while waiting for batteries to be charged.

Macan, as previously planned, will first appear in Europe in 2023, and then in the US in 2024. Porsche CEO Oliver Bloom has said the 718 EV will debut in 2025. The Macan will be based on the Premium Platform Electric (PPE), an architecture that Porsche and Audi first began developing in 2018.

Porsche is developing a special configuration for the 718 EV, which Bloom says will also feature an 800-volt system like the Tekken that will provide one of the fastest charging speeds in the industry.

This will not be Porsche’s only problem. Bloom said his strategy is to build two cars on the same production line using the same components in the 718 and 911.

“It’s a different platform, but with the same modules as our 911 two-door sports car,” he said.

Porsche said it also plans to release a hybrid version of the iconic 911 sports car. It will not be a plug-in hybrid, but a sports hybrid similar in technology to the Porsche 919 Hybrid that raced and won Le Mans.

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