New Porsche boss says electric 718 is still coming, Taycan isn't going anywhere
Electrek
Last updated: August 5, 2026
Despite recent rumors suggesting Porsche might scale back its electric vehicle plans, the new CEO has affirmed the company's commitment to its electric models. Specifically, the electric 718 sports car is still on track for production, and the Taycan sedan will continue to be a core part of Porsche's electric lineup.
- The new CEO of Porsche has officially confirmed that the electric version of the 718 sports car remains in development and will be released. This statement aims to quell speculation that the company might be reconsidering its electrification strategy for certain models.
- Furthermore, the CEO reiterated that the Porsche Taycan, the brand's first all-electric sedan, is not being discontinued and will continue to be a significant offering within Porsche's expanding electric portfolio.
- This confirmation signals Porsche's sustained dedication to its ambitious electrification goals, indicating that a diverse range of electric vehicles, from performance sports cars to luxury sedans, will be central to its future product strategy.
- The company appears to be reinforcing its investment and commitment to developing and producing these key electric models, ensuring their place in the market.