Porsche Reassesses EV Strategy Amid Profit and Delay Concerns
Porsche is delaying some EV models and extending combustion engine sales, citing weak demand for EVs, which will cost VW around $6 billion in profits by 2025. This move comes despite the global surge in EV sales and the industry shift towards electrification, highlighting Porsche's reluctance to fully embrace the transition and risking its relevance in a rapidly evolving market.