"Porsche's Macan EV Sparks Record Orders and Dividend Hike Amid Profit Warning"

Porsche is set to launch four new vehicles this year, including the all-electric Macan EV, which has already garnered 10,000 orders ahead of deliveries. The company's 2023 earnings results show a 7.7% increase in revenue, driven by strong demand and cost discipline. Porsche plans to introduce an updated Panamera, an all-electric Taycan, and a high-performance hybrid drive version of the 911. With electric vehicle demand rising, Porsche aims for 80% of deliveries to be all-electric by 2030 and is expanding its electric vehicle lineup, including a new all-electric luxury SUV positioned above the Cayenne. Despite the new model launches, Porsche expects slightly lower profits in 2024 but remains committed to its mid-term and long-term return targets.