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Porsche sticks with combustion engines despite EV push

Original: michael leiters

Porsche, under its chief executive Michael Leiters, is signalling it will keep building combustion-engine cars even as it presses ahead with its electric lineup. The German sports car maker is walking back earlier plans to go all-electric, pointing to slower EV demand. Commenters in Germany are debating whether the strategy is pragmatism or a retreat from electrification.

Why now: Leiters's strategy shift at Porsche on combustion versus electric cars is drawing attention in Germany.

PorscheMichael LeitersKOSMO

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