Porsche Will Not Make 911 EV, CEO Says: ReportPorsche (Porsche)"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links."The entire Volkswagen Group is in the midst of evolution, as the German auto conglomerate works to cut costs significantly in the face of a changing market—specificilly where it comes to electrification. Porsche is on a performance journey of its own, as CEO Michael Leiters threatened to cancel the all-electric Porsche 718 Boxster and Cayman line earlier this year, citing budget constraints and pressure to raise profits as the impetus for potentially cancelling the electrified sports car line.And this week, Porsche's CEO reportedly made another bombshell announcement. According to Reuters, during an event hosted by the German magazine Auto, Motor und Sport, Leiters said Porsche will not produce a fully-electric version of its flagship 911 sports car,The statement by the Porsche executive was first reported by German news agency dpa.Andi Hedrick (Andi Hedrick)Now, the specifics of Leiters's statement remain unclear at this time. (Road & Track reached out to Porsche for additional details and will update the story as more details emerge.) It's not immediately clear if the executive meant that Porsche is not currently investing in an all-electric 911, or that the company will never produce an all-electric 911. Porsche currently sells hybrid variants of multiple 911 models, including the potent 911 Turbo S Hybrid producing 701 horsepower. Similarly, Porsche is well-versed in electric performance, with the Taycan, Macan Electric, and Cayenne Electric as examples.AdvertisementAdvertisementHowever, like many automakers, Porsche executives have admitted that the company overestimated demand for EVs. The automaker initially shifted some models, like the Macan, to an all-electric future, but has since reverted to an internal combustion version of the compact SUV, which will return by 2028.Todd Blubaugh (Todd Blubaugh)SUV sales make up the majority of Porsche's North American market share, with the Cayenne and Macan lineup accounting for over 47,000 unit sales in 2025. Even so, the 911 lineup remains an essential part of Porsche's bottom line in North America. Over 13,000 911 models were sold in North America last year, representing 17 percent of Porsche's 2025 sales. The heritage behind the 911 model is likely another consideration for Porsche, as automakers like Jaguar and Ferrari have faced significant scrutiny over the transition to electric vehicles. Zuffenhausen, likely, does not want to fall into a similar trap.You Might Also LikeIf You Can Only Own One Car, Make It One of TheseThese Are the Most Popular Cars by State