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Porsche Confirms Next-Gen 718 Will Be All-Electric

Porsche Confirms Next-Gen 718 Will Be All-Electric

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Porsche at its annual conference  confirmed that the next-generation 718 will use nothing but battery-electric powertrains.

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This coincides with another announcement from the annual conference: "In 2030, the share of all new vehicles with an all-electric drive should be more than 80%," Blume said.

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Previously, Porsche had said it wanted most of its vehicles to be either electric or a plug-in hybrid by that point.

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This signals a more aggressive push into the battery-electric space, where previously Porsche had leaned heavier on plug-in hybrids as a sort of steppingstone.

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Between now and then, Porsche hopes that 50% of its annual sales by 2025 will comprise BEV and PHEV variants. Porsche Mission R prototype looks ready to race

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Even with all this forward-looking business keeping Porsche plenty busy, it's not like it's having a bad time in the present.

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