Porsche is holding on to gas cars for a bit longerPorsche is holding on to gas cars for a bit longer / Porsches plan to switch to making only EVs is shifting as sales of all-electric models have dropped.By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The Verge. Nov 27, 2024, 12:57 AM UTCShare this story Photo by Sean OKane / The VergePorsche is not ready to turn in its gas caps for charging ports just yet. The company reportedly plans to launch more internal combustion engine models due to a slowdown in EV sales, according to Automotive News Europe. The automakers CFO, Lutz Meschke, told the outlet, What is clear is that we are sticking with the combustion engine for much longer.As Car and Driver notes, he also said theres a clear trend in the premium luxury segment that is leaning towards gas engines, and as a result, Porsche will react in its product cycle.Porsche sells two pricey electric vehicles: the Taycan and the recently launched Macan. It planned to bring more EV-only models, including a Cayenne 718 and a new high-performance SUV. But now Meschke says Porsche might make hybrid drive or combustion engine versions of those EVs and are in the middle of making conceptual decisions. Porsche previously aimed to have 80 percent of its sales be electric models by 2030. The company pushed out a RWD Macan and redesigned Taycan this year as its EV sales cratered in the US, and its also not doing too well in China, where domestic brands are making cheaper EVs.Most PopularMost Popular