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Business News/ Companies / News/  Geneva Auto Show: Porsche plans electric SUV amid VW’s zero-emission drive
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Geneva Auto Show: Porsche plans electric SUV amid VW’s zero-emission drive

Porsche sales chief Detlev von Platen says firm planning an electric Macan SUV, plans chime with Volkswagen's shift to zero-emission technology

Porsche Panamera Sport Turismo at the Geneva Motor Show on Tuesday. Porsche is spending about €1 billion to produce the all-electric Mission E, the brand’s first battery-only model that is expected to launch by 2020. Photo: AFPPremium
Porsche Panamera Sport Turismo at the Geneva Motor Show on Tuesday. Porsche is spending about €1 billion to produce the all-electric Mission E, the brand’s first battery-only model that is expected to launch by 2020. Photo: AFP

Geneva: Porsche Automobil Holding SE may offer an all-electric version of its Macan compact SUV and could turn models such as the iconic 911 into hybrids, its sales chief said on Tuesday, amid a push by parent company Volkswagen AG to move on from dieselgate.

Porsche, the second biggest contributor to Volkswagen’s overall profit, is spending about €1 billion ($1.1 billion) to produce the all-electric Mission E, the brand’s first battery-only model that is expected to launch by 2020.

“We have other ideas beyond the Mission E," sales chief Detlev von Platen told Reuters at the Geneva Auto Show. The top-selling Macan “is of course a model line that we can imagine" for electrification.

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VW, which is Europe’s biggest carmaker, aims to launch more than 30 new all-electric vehicles by 2025 in a strategic shift following its diesel emissions test rigging scandal and has backed Porsche to produce another all-electric car.

Von Platen said he could well imagine Porsche that will introduce hybrid versions of its 911 and Boxster/Cayman sports cars, with a combination of petrol engines and electric motors.

Porsche already offers hybrid versions of the Panamera saloon and its Cayenne sports-utility vehicle.

Fiat boss sees Volkswagen showing up with a merger plan, after PSA’s Opel buy

Demand for premium models in China, the US and Europe, as well as for new models, could boost Porsche’s sales to about 300,000 cars by 2020 from a record 238,000 last year, von Platen said.

“This will be a consequence of our (expanding) product portfolio," he said, cautioning, however, that excessive growth could undermine the Porsche brand’s value.

“We are happy to grow and we want to grow but only on a very strong basis," he said. “The brand must remain exclusive." Reuters

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Published: 07 Mar 2017, 10:25 PM IST
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