Porsche Says Nobody Wants An Electric Supercar

Key Points:

• Porsche is developing a new mid-engined supercar positioned above the 911, but it will not offer a fully electric version, citing a lack of customer demand in this segment for battery electric vehicles (BEVs).
• The new platform will be versatile, supporting internal combustion engines, conventional hybrids, and plug-in hybrids, but a purely battery-electric setup is not planned.
• Porsche CEO Michael Leiters emphasized the importance of preserving the sound, response, and character of combustion engines for supercar buyers, distinguishing this segment from the broader market where Porsche sells EVs like the Taycan and Macan.
• Other high-end automakers, including Lamborghini, Pagani, and Rimac, have also faced limited demand for electric supercars, with some scaling back or abandoning pure EV projects in favor of hybrids or combustion models.
• The continued preference for combustion engines among supercar customers suggests that automakers will be cautious about fully electrifying flagship performance cars until market interest grows.