Electric Porsche 718 Is Still Happening, CEO SaysAndi HedrickThe Porsche 718 Cayman and Boxster as we've known them are gone from dealerships, and their successors are having a difficult path to market. An EV replacement, first spotted testing all the way back in 2022, was supposedly facing a possible cancellation in February even after Audi began planning its own electric sports car on the architecture. A new gas model was confirmed less than a year ago, only to face its own cancellation rumors last month. That leaves Porsche with uncertain futures along both potential paths for its more entry-level sports car option — but fortunately, CEO Michael Leiters says that at least one of those options is still on track.In a recent interview with German newspaper Frankfurter Allgemeine Zeitung, Leiters touched on a wide-ranging series of questions about both the company's current financial perils and future plans to return to success. One such query touched on the electric 718, which has been one of a few new products that have been in an odd place after initial plans to shift much of the company's lineup to electric power saw poor returns. Leiters tells the paper, however, that the company's leaders "came to the conclusion that we will build the [EV] – because it is the best solution economically and will be a fantastic car."Given how much time and effort Porsche has likely put into developing the platform over the past five or more years, giving up on the 718 EV product now would always have been a surprising choice. T(he choice not to mention the recently-promised internal combustion variant could be construed as a slightly worrying sign for buyers hoping for a fifth generation of a more conventional 718, though.)AdvertisementAdvertisementLineup news was not just limited to the 718, either. Leiters says that has "no plans to discontinue the Taycan in the short term," ensuring at least temporary survival for the four-door EV as the brand instead cuts down on the number of variants available. That may be bad news for fans of the Turismo-branded Taycan wagons already dropped for the American market, but it should be enough to keep the EV around at least a few years longer.PorscheMeanwhile, two other major products that have been reported to be in the works — an SUV positioned above the Cayenne and a sports car positioned above the 911 — apparently remain purely theoretical, at least as far as the CEO is willing to admit. Leiters speaks about both in the interview, but only as products that the brand is considering. But both cars, he says, would be targeted at the higher end of the U.S. market if they were to reach production.You Might Also LikeIf You Can Only Own One Car, Make It One of TheseThese Are the Most Popular Cars by State