Porsche AG is considering shelving an electric sports car line to cut costs that have ballooned due its overly ambitious EV bet, according to people familiar with the matter.

The next-generation Porsche 718 was supposed to be EV-only by 2025. But its plans may be changing.

Porsche reportedly might shelve the upcoming electric 718 models to help balance its ballooning budget.

Reports suggest Porsche could cancel electric 718 models amid spiraling costs, software woes, and weaker EV sales, raising questions about the future of electric performance cars globally.

Development delays and rising costs may be putting the 718 EV line at risk.

Porsche is simultaneously planning hybrid versions of the 718, which requires more money because the architecture of hybrid cars is fundamentally different from that of all-electric cars. Porsche also ...

The German luxury automaker, which has its North American headquarters in Atlanta, set a sales record for the U.S. in 2025.

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For years, China looked like Porsche’s unstoppable growth engine. Now, it’s dragging the brand’s sales figures down. The ...