Porsche Cuts Taycan Production Due To Falling Demand, Report Claims

Production of the model will allegedly be reduced to one shift at the Zuffenhausen plant. Germany scrapped state subsidies for electric vehicles at the end of 2023. The recent 2025 Taycan update might help offset the decline in sales. Porsche is reportedly reducing production of the all-electric Taycan in Germany due to slowing sales and a general decline in demand for EVs. The Taycan has been a solid performer for Porsche, selling more than 40,000 examples in 2023.

Porsche is thought to be negotiating with the local works council, and the change is not expected to result in any job losses. A spokesman from the brand hasn’t commented on the report. The abolishment of German state subsidies for electric vehicles at the end of 2023 is not believed to be a major contributor to declining demand. Sales of EVs have suffered through the first six months of 2024 in Germany, dropping 16.4%.

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Porsche Wants to Pay You $4,500 to Buy a TaycanPorsche is offering up to $4,500 in payment credits for drivers who want to switch to the company's all-electric Taycan sedan.
Source: RobbReport - 🏆 309. / 63 Read more »

Is This Hardcore Xiaomi SU7 Plotting To Take The Porsche Taycan’s Nurburgring Record?High-performance derivative of Xiaomi’s SU7 electric sedan was spotted putting in some fast laps on the Nordschleife
Source: Carscoop - 🏆 306. / 63 Read more »