![\"porsche](\"https:\/\/www.globalvillagespace.com\/tech\/wp-content\/uploads\/2025\/09\/porsche-718-leads-shift-as-petrol-and-hybrid-options-return-amid-slower-ev-push.jpg\" "\\"porsche")
<\/a><\/p>\nNew petrol 718 variants inbound alongside EV; upcoming ‘K1’ luxury SUV swaps from EV to ICE power<\/p>\n
Porsche will include a combustion engine option for \u201ctop\u201d versions of the next-generation 718\u00a0Boxster<\/a> and Cayman<\/a> as part of a significant shift in the company\u2019s electric strategy that also kills the planned large \u2018K1\u2019 electric SUV above the Cayenne.<\/p>\n The new \u2018strategic realignment\u2019 also confirms major overhauls for the Cayenne<\/a> and Panamera<\/a> combustion engine and plug-in hybrid models to keep them running \u201cwell into the 2030s\u2019, CEO Oliver Blume said on a call to investors late on Friday 19 Sept.<\/p>\n Porsche will take a \u20ac1.8 billion\u00a0hit on a decision to halt development of the SSP 61 \u2018Sport\u2019 version of the Volkswagen<\/a> Group platform that was going to underpin the K1 large SUV<\/a> as well as an electric replacements for the Panamera and the Taycan<\/a>. The SSP Sport platform \u2013 derived from the platform underneath mainstream VWG models including the next Volkswagen Golf and Skoda Octavia \u2013\u00a0has now been postponed until\u00a0\u201cwell into the 2030s\u201d, Blume said<\/p>\n The K1 model \u2013 dubbed a ‘D-SUV’ by Porsche \u2013 will now be launched with combustion-engine and plug-in hybrid variants, Porsche said, without giving a precise date. The K1 was first announced in 2022,\u00a0along with plans for the third-generation Porsche Panamera and second-generation Porsche Taycan.<\/p>\n \u201cWe have seen a clear drop in demand for exclusive battery-electric cars, and we are taking that into account,\u201d Blume said.<\/p>\n Porsche has also been roiled by \u201cdramatically decreasing\u201d demand for luxury goods in China, Blume said. Also hitting profits was the US decision to increase tariffs on imported cars.<\/p>\n The company said the combination of circumstances will cut its predicted net profit margin to around 2% this year but predicted a return to growth in the \u2018medium-term\u2019 when it planned to grow margins back above 10% with the new products rolling out<\/p>\n \u201cThis flexibility gives us a strong position with a compelling mix of combustion engines, plug-in hybrids, and battery electric vehicles,\u201d Blume said.<\/p>\n The CEO said the company was still committed to electrification. \u201cThey excite a specific and growing customer group,\u201d Blume added.<\/p>\n Porsche is\u00a0about to launch the new Cayenne Electric<\/a>\u00a0based on the Volkswagen Group\u2019s 800V Premium Platform Electric (PPE) architecture, and already sells the Macan Electric<\/a>.<\/p>\n Porsche had originally intended the electric Macan to replace the combustion-engine version, back when its plan was to push for 80% of its global sales to be electric by 2030.<\/p>\n However Porsche will now add an equivalent SUV model with both combustion engine and plug-in hybrid variants to sell alongside the Macan electric, the company said.<\/p>\n This\u00a0new \u2018M1\u2019 SUV will be its first production car with drive biased towards the front wheels<\/a>,\u00a0after the company decided to based it on the third-generation Audi Q5<\/a> which sits on the VW Group\u2019s Premium Platform Combustion (PPC) architecture.<\/p>\n In July Blume said the M1\u2019s short, three-year development was \u201cspeeding up the process\u201d of bringing it to market. A new Porsche typically takes five years from concept to road.<\/p>\n No more information was given the \u2018top\u2019 versions of the new 718 with the combustion engine, but it could mean the continuation of the hardore RS and GT4 RS models, with entry versions covered by the electric drivetrain.<\/p>\n<\/div>\n","protected":false},"author":1,"featured_media":70342,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"footnotes":""},"categories":[2,137],"tags":[],"class_list":{"0":"post-70341","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"category-news"},"_links":{"self":[{"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/posts\/70341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/comments?post=70341"}],"version-history":[{"count":0,"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/posts\/70341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/media\/70342"}],"wp:attachment":[{"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/media?parent=70341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/categories?post=70341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalvillagespace.com\/tech\/wp-json\/wp\/v2\/tags?post=70341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.globalvillagespace.com\/tech\/wp-content\/uploads\/2025\/09\/porsche-718-leads-shift-as-petrol-and-hybrid-options-return-amid-slower-ev-push-1.jpg\")
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