‘Future of Porsche is Electric’; Macan and 718 EVs Coming, Says CEO

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Oliver blume porsche ceo

Porsche AG held its annual press conference on Friday, detailing its 2021 sales and also providing an update on its plans for electrification.

The German automaker said its all-electric Taycan deliveries more than double to 41,296 in 2021, beating 911 sales, despite the latter also setting record deliveries of 38,464 units.

“The Taycan is 100 percent a Porsche and inspires all kinds of people – existing and new customers, experts and the trade media. We are stepping up our electric offensive with another model: By the middle of the decade, we want to offer our mid-engine 718 sports car exclusively in an all-electric form,” said CEO Oliver Blume.

Porsche’s next all-electric vehicles are expected to be the Macan SUV next year and the two-seater 718 by 2025. Blume also confirmed a hybrid 911 is coming but did not provide a timeline.

“In 2025, half of all new Porsche sales are expected to come from the sale of electric vehicles – i.e. all-electric or plug-in hybrid,” said Blume. “In 2030, the share of all new vehicles with an all-electric drive should be more than 80 percent,” added the CEO, noting it is working with charging partners and also making its own charging infrastructure.

In 2021, Porsche says nearly 40% of its cars delivered in Europe were partly-electric, in either hybrid or fully-electric form.

The highest-volume market for Porsche in 2021 was China with 96,000 deliveries, an 8% increase year-over-year. Meanwhile, deliveries in the United States surged 22% year-over-year to over 70,000 cars; German deliveries increased by roughly 9% to 29,000 units.

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