HomeAutosAxe looms over electric Porsche 718 Boxster and Cayman project – report

Axe looms over electric Porsche 718 Boxster and Cayman project – report

Porsche’s New Boss Considers Scrapping Plans for Electric Cayman and Boxster, But Why It Could Be a Good Thing

In the world of luxury sports cars, Porsche has always been a pioneer. From the iconic 911 to the more recent addition of the electric Taycan, the German automaker has continuously pushed the boundaries of performance and innovation. However, it seems like Porsche’s new boss is considering a major change in the company’s plans – scrapping the development of an electric version of its popular Cayman and Boxster models.

According to reports, the decision to cancel the electric Cayman and Boxster was primarily driven by delays and cost overruns. This news has been met with mixed reactions from fans and industry experts alike. While some are disappointed at the thought of not having an electric version of these beloved models, others see it as a positive move for Porsche. So, let’s take a closer look at why this could actually be a good thing for the company.

Firstly, it’s important to understand the challenges that Porsche has faced with the development of the electric Cayman and Boxster. The company announced its plans for these models back in 2018, with the goal of launching them by 2022. However, reports suggest that the development process has been plagued by delays, particularly in the development of the battery and drivetrain. This has resulted in the cost of the project going over budget, which is a major concern for any company.

However, it’s not uncommon for automakers to face such challenges when it comes to developing new technology. In fact, many of Porsche’s competitors, such as Audi and Mercedes-Benz, have also faced similar issues with their electric vehicles. What sets Porsche apart is its commitment to delivering top-notch performance and quality in all its vehicles. This means that the company cannot compromise on the performance of the electric Cayman and Boxster, even if it means delaying the launch or facing higher costs.

Another factor to consider is the current market demand for electric sports cars. While the demand for electric vehicles is on the rise, the market for luxury electric sports cars is still relatively small. This means that the investment in developing these models may not yield as much return as the company hopes. With the Taycan already in the market and receiving positive reviews, Porsche may be better off focusing its resources on expanding the Taycan lineup and improving its electric technology, rather than investing in a new model that may not have a significant impact on sales.

Moreover, scrapping the electric Cayman and Boxster does not mean that Porsche is giving up on electric vehicles altogether. In fact, the company has already announced its plans to invest over $7.4 billion in electric technology and infrastructure by 2025. This includes expanding its electric lineup with the introduction of more hybrid and fully electric models. By focusing on a wider range of electric vehicles, Porsche can cater to the different needs and preferences of its customers, while also staying ahead of the competition.

Lastly, scrapping the electric Cayman and Boxster could potentially open up opportunities for Porsche to explore other areas of innovation. The company has always been known for its groundbreaking designs and engineering, and by redirecting its resources, it could come up with something even more exciting and revolutionary. This could also mean that Porsche may have something even better in store for its fans in the near future.

In conclusion, while the news of scrapping the electric Cayman and Boxster may come as a disappointment to some, it could actually be a smart move for Porsche. By prioritizing its commitment to excellence and focusing on a wider range of electric vehicles, the company can continue to lead the way in the luxury sports car market. As for the fans, they can still look forward to more innovative and electrifying vehicles from Porsche in the years to come. After all, when it comes to Porsche, the future always looks bright.

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