The news was revealed during Porsche’s capital markets day in Weissach, Germany, a presentation in a quest to attract investors prior to the automaker’s initial public offering.
During the event, Oliver Blume, Porsche CEO, said: “We plan to add a new luxury, all-electric SUV model to our attractive portfolio, which will roll off the production line in Leipzig. This will further expand our position in the luxury automotive segment. We are targeting the higher margin segments in particular and aim to tap into new sales opportunities in this way”.
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