The purists can rest easy: A battery-powered version of the Porsche 911 is not on the way.The German automaker's CEO Michael Leiters said the brand has no intention of releasing a fully electric version of its most iconic model, according to Reuters. The sports car has been available as a hybrid for two years now, but that's as far as the company plans to go.More from Robb ReportA Pasadena Estate That Starred in 'Dynasty' Just Listed for $45 MillionNoma Will Reopen in Copenhagen, and René Redzepi Will Still Be InvolvedOld Forester's Most Collectible Single Barrel Whiskeys of the Year Are Almost HereAdvertisementAdvertisementThe executive comments, which were made at an event hosted by the magazine Auto, Motor und Sport, should put an end to speculation about the possibility of a 911 EV for the foreseeable future. Porsche has never said such a vehicle was coming, but it is something that industry insiders and enthusiasts alike have been speculating since the marque announced it was working on an hybrid 911 earlier this decade. There are currently two such models on offer, the GTS and Turbo S, both of which pair a boxer six-cylinder engine with the company's T-Hybrid system. That, though, appears to be as far as Porsche is willing to push the model in terms of electrification—at least for the time being.2026 Porsche 911 Turbo SPorscheA representative for Porsche did not immediately respond to a request for comment about Leiter's declaration, which was first reported by the German news agency dpa.Porsche was one of the first of the legacy sports car makers to embrace EVs when it released the Taycan in 2019. Although the record-breaking sedan has won its fair share of plaudits, it has yet to become the commercial hit the company expected it to be.Because of this, Porsche executives, like their peers at Bentley and Rolls-Royce, have come to realize they overestimated the demand for EVs from their customer bases. This is why there was chatter earlier this year that the company might pull the plug on the all-electric next generation of the 718 and why it is currently stockpiling gas-powered Macans before the model goes out of production later this year.AdvertisementAdvertisementDespite this, Reuters reports Porsche will continue to invest in EVs, though it is expected to do so selectively going forward. In addition to the Taycan and Macan EVs, an all-electric version of the Cayenne is also currently available. The delayed battery-powered 718 is also expected to arrive next year.Best of Robb ReportThe 2024 Chevy C8 Corvette: Everything We Know About the Powerful Mid-Engine BeastThe World's Best Superyacht ShipyardsThe ABCs of Chartering a YachtSign up for RobbReports's Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.Click here to read the full article.