Porsche and VW scale back EV plans amid market shifts and rising costs
Porsche scales back EV plans Porsche SSPPorsche Facing cooling demand and mounting platform delays, Porsche and the wider Volkswagen Group are scaling back their electric vehicle rollout plans. With €5 billion in write-downs, postponed launches, and a return to ICE and hybrid models, the road to electrification is no longer a straight line. Like many…