Porsche has confirmed last month’s rumor that the company will offer an electric Cayenne by 2026 and outlined the timeline for its aggressive push to make 80 percent of its annual sales EVs by 2030.
Although chip supply problems have conspired against it recently, the German brand’s Taycan EV is performing well, but within three years the Taycan will be just one of a family of wildly different Porsche EVs. First to arrive in 2024 is the Macan EV that would have been on sale this year if VW Group’s Cariad software division hadn’t badly messed up. The electric Macan will be sold alongside the regular combustion Macan models, and look very similar despite running on entirely different PPE platform designed specifically for EVs.
Next up is the boldest of the lot, an all-electric 718 to replace the current Boxster and Cayman. Previewed by 2021’s Mission R concept racer and on sale “for the middle of the decade,” which is likely to translate as early 2025, this one won’t be sold alongside combustion versions and is sure to divide opinion. We’re expecting a single-motor, rear-wheel drive layout for entry-level cars and a dual-motor configuration (making this the first all-wheel drive Boxster/Cayman) in flagship variants.
Related: Everything We Know About Porsche’s 2027 K1 Luxury SUV
Then, as Porsche confirmed for the first time, in 2026 it’ll be the Cayenne SUV’s turn to take bow. Like its Macan EV little brother it will be sold alongside the combustion Cayenne which actually dates back to the 2019 model year, but which this year receives a comprehensive visual, and even more thorough mechanical, update to keep it fresh until the tail end of the decade. Porsche hasn’t revealed any technical details or said whether the electric Cayenne will come in both coupe and SUV body styles like the combustion version does, but it will ride on a stretched version of the Macan EV’s PPE platform and comes with dual motors and all-wheel drive as standard.
Porsche also again acknowledged its plan to develop an SUV currently codenamed K1 that would sit above the Cayenne, and said it would focus on high-profit special editions and the Porsche Sonderwunsch (special request) division to generate as much cash as possible. The firm’s new “Road to 20” program is targeting a 20 percent return on sales.