80% of Porsche cars are electric by 2030

By the end of this decade, more than 80% of all cars sold by Porsche Automobile Holding will be electric, CEO Oliver Blume told Bild am Sonntag in an interview published Sunday.

The newspaper quoted the CEO as saying that this would include fully electric and hybrid variants, while Porsche would continue to offer its 911 model with internal combustion engines, albeit capable of handling synthetic fuels.

Porsche said earlier, it expects that half of the cars it sells by 2025 will be electric, according to what was reported by “Bloomberg”, and seen by “Al Arabiya.net.”

And Blume said, that Porsche will invest over the next five years 18.1 billion dollars in the electrification of its cars.

20,000 cars of the fully-electric Taycan, which starts at 80,000 euros, were shipped to customers last year.