Overview
- Porsche CEO Michael Leiters confirmed on Wednesday that the next-generation 718 Boxster and Cayman will be produced as all-electric models and that the car could reach production in 2027.
- Leiters told Frankfurter Allgemeine Zeitung that the Taycan will remain in the line-up for the short term but that Porsche will cut the number of Taycan variants to simplify the range and lower costs.
- The electric 718 is expected to sit on the PPE Sport architecture shared with Audi, a choice that preserves a low driving position for a compact sports car while creating platform-level trade-offs inside the Volkswagen Group.
- Porsche is carrying out a wider restructuring called Sports Car Factory 2035 that follows a sharp profit decline in 2025 and includes about 9,000 job cuts to reduce complexity and spending on electrification.
- Uncertainty remains over which petrol 'top' derivatives will survive because Porsche has discussed fitting ICE variants to the PPE Sport platform, a move that would add engineering cost and reset pricing and buyer dynamics for the 718.