The current-generation Cayenne will coexist with the new EV
Porsche admitted this week that its electrification plans might be too ambitious. Automakers selling EVs have seen a slowdown in sales, leading many to reconsider their future product strategies. The fourth-generation Cayenne will debut as an all-electric vehicle in the second half of the decade, but Porsche will also continue offering the third-generation, gasoline-powered model alongside it.
Porsche will keep investing in the current-generation Cayenne, enhancing its powertrain lineup and making the V-8 engine more efficient to meet future emissions regulations. They will also invest in hybrids, offering the Cayenne with three powertrain choices worldwide through 2030 and beyond.
While Porsche plans to retain the combustion-powered Cayenne, it’s not abandoning its electrification efforts. According to CEO Oliver Blume, Porsche could deliver over 80 percent of its new cars as EVs by 2030, depending on customer demand. However, current sales trends indicate the transition to EVs may take longer than anticipated, prompting Porsche and other automakers to adjust their plans.
The automaker is already testing the electric Cayenne in real-world conditions. The first prototypes have left the factory and will undergo a rigorous evaluation program, covering millions of miles before the SUV’s launch in a few years. It will be built on Porsche’s Premium Platform Electric architecture and is expected to offer various battery and powertrain configurations.