Porsche considers scrapping Boxster, Cayman EVs

Summary: Porsche is reportedly considering shelving the electric versions of its Boxster and Cayman models indefinitely due to financial constraints and declining demand. The end of internal combustion engine production has left the company without an entry-level sports car for the foreseeable future. With plans to transition to an 80 per cent electric-only range by 2030 now in jeopardy, CEO Mr Leiters faces increasing pressure to resolve the brand’s financial issues.

Brands mentioned: Porsche, Volkswagen