Porsche Cayenne SUV to get battery-electric version, sold alongside combustion and hybrid models
Porsche has announced it will launch an all-electric Porsche Cayenne in 2026.
The German sports car marque also declared that more than 80 per cent of all the cars it sells will be battery-powered by 2030.
The 2026 Porsche Cayenne EV was confirmed at the company’s annual financial results press conference, where Porsche handed down its “strongest result in history” despite setbacks with the ongoing semi-conductor crisis.
It recorded a €6.8 billion ($A11b) profit in 2022, up 27.4 per cent on the previous year, and delivered 309,884 vehicles globally – up three per cent.
The Cayenne was its best-selling model with 95,604 deliveries in 2022.
Porsche said the electric version of the large SUV would be sold alongside the current combustion-powered Cayenne models that will undergo a facelift to keep them fresh.
The battery-electric Cayenne will be based on the Volkswagen Group’s SSP Sport platform under development by Porsche.
The new architecture can support next-gen high-performance batteries and a 920-volt electrical system for ultra-fast charging.
Before the Cayenne EV arrives, Porsche will introduce the smaller Macan EV next year that will be all-new from the ground up and based on the VW Group’s latest PPE architecture.
Porsche Premium Platform Electric (PPE)
Similarly, the 2024 Porsche Macan EV will be sold alongside a comprehensively refreshed Macan line-up.
All-electric Porsche 718 sports cars are expected to launch in 2025.
Porsche CEO Oliver Blume said the next 718 series would be available with either an EV or combustion powertrains before switching entirely to all-electric in the “medium term”.
During the presentation, Porsche’s chairman Lutz Meschke also added details of the new K1 flagship SUV by confirming that it would be “positioned above the Cayenne”.
The K1 was then teased under drapes that suggests it will feature Taycan-style headlights and a steeply-raked windscreen.
Rolling out its new line-up of EVs will help Porsche meet its goal of becoming net carbon-neutral for all its models from 2030, as well as being carbon neutral for EVs during their lifetime, on the assumption each vehicle covers 200,000km.
Porsche also announced it was working towards a 20 per cent profit margin on each car its sells before the end of this decade. Currently its margin is around 17-19 per cent.
Finally, Porsche execs also declared the company would focus on developing more high-profit special-edition models and one-off creations via its Porsche Sonderwunsch (special wishes) division.
Porsche says it is on track this year to repeat its record-breaking 2022 performance, ensuring it will remain Europe’s most valuable car-maker.
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Keyword: 2026 Porsche Cayenne EV confirmed