Porsche and Audi soften electric car stance

AutoExec Summary
Porsche and Audi, the German luxury divisions of the Volkswagen Group, have adjusted their electric vehicle plans for the next decade. Porsche now aims for 80% of its sales to be electric cars by 2030, depending on customer demand and the progress of electromobility. The brand acknowledges that the shift to electric cars is slower than anticipated and emphasizes its dual strategy of internal-combustion and electrified vehicles. Audi, on the other hand, plans to expand its hybrid range and continue developing plug-in hybrid powertrains with larger batteries and extended electric-only driving range. Both brands are adapting to the evolving landscape of electric vehicle demand alongside other manufacturers.

Brands mentioned Porsche, Audi