Porsche to Cull Diesel Cars in Shift Toward EVs
Porsche AG will stop offering diesel versions of its cars, marking the latest blow for the technology that has come under intense scrutiny by regulators and environmental groups. Porsche will focus on petrol, hybrid and electric vehicles (EVs) because demand for diesel is declining, the Stuttgart, Germany-based manufacturer said in an emailed statement yesterday. For the sports car manufacturer, diesel “has traditionally played a subordinated role”, the statement said. “Porsche doesn’t condemn diesel. It is and remains an important power train technology.” Porsche said its hybrid cars are becoming increasingly popular, with about 63% of buyers of the four-door Panamera coupe in Europe opting for the partly electric version. The company will introduce the Taycan model next year, the brand’s first fully-electric sportscar based on the Mission E concept vehicle.
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The Malaysian Reserve