Porsche Is Possibly (Definitely) Considering Cancelling Their EV Sports Car Program

Why It Matters

Canceling the EV 718 could delay Porsche’s transition to electric mobility and weaken its appeal to both traditional enthusiasts and emerging eco‑focused customers.

Key Takeaways

• Porsche may cancel its all‑electric 718 sports car.
• Development costs have ballooned, making the EV unprofitable.
• Enthusiasts still prefer the traditional flat‑six engine over electric.
• A plug‑in hybrid variant faces engineering challenges and cost spikes.
• Potential price could exceed $90,000, deterring mainstream buyers.

Summary

Paragraph 1: Porsche’s leadership is reportedly weighing the cancellation of its all‑electric 718 sports car, a program that has been debated on a recurring podcast series. The model, intended to replace the traditional Boxster/718 line with a fully electric powertrain, now appears to be on the chopping block.

Paragraph 2: Executives cite spiraling development costs and a platform that fails to meet performance targets as primary reasons. Supplier issues have pushed the projected retail price toward $90,000, while market research suggests limited consumer appetite for a high‑priced electric roadster.

Paragraph 3: Podcast hosts highlighted fan sentiment, arguing that a return to the flat‑six engine could revive enthusiasm. They also noted that a plug‑in hybrid variant would be technically complex, further eroding the program’s viability.

Paragraph 4: If Porsche abandons the EV sports car, it may signal a broader reassessment of its electrification timeline, potentially affecting brand perception among eco‑conscious buyers and reshaping competition in the luxury sports‑car segment.