The Porsche Taycan will stay in production, albeit with fewer variants, as the German automaker trims its model lineup to curb losses.
CEO says Taycan will not be axed
Porsche chief Michael Leiters told the Frankfurter Allgemeine Zeitung that the Taycan “will remain in production in the short term,” but the company will cut back the number of model versions. This follows reports that Volkswagen Group intends to halve model lineups across its brands and cut up to 100,000 jobs by 2030.
He emphasized that trimming variants does not automatically mean ending an entire series. “Model streamlining doesn’t necessarily mean discontinuing entire model series. Often, it’s about eliminating variants,” he said. “We have no plans to discontinue the Taycan in the short term. We’ve invested heavily in the model and want to monitor how demand develops.”
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Earlier speculation linked the Taycan to a possible phase‑out after slowing global sales, even after a 2027 update that added E‑Shift virtual gear changes and a new Electronic Sports Sound system. In Australia, 54 Taycans were sold in the first half of 2026, outpacing the petrol‑ and hybrid‑powered Panamera’s 30 deliveries in the same period.
Electric 718 Boxster and Cayman stay on track
The CEO also confirmed that the all‑electric 718 Boxster and Cayman, scheduled for a 2027 launch, remain part of Porsche’s future plan. The electric 718 will sit on the company’s 800‑volt Premium Platform Electric Sport (PPE Sport) architecture, which is also expected to underpin an Audi electric sports car shown as the Concept C.
“With the electric 718, we came to the conclusion that we will build the model – because it is the best solution economically and will be a fantastic car,” the boss said. This contradicts a February report that suggested the project had been cancelled.
The announcement follows the previous 982‑series 718 models ending production for Australia last year and for other markets in November 2025. Porsche had earlier hinted that the new electric Boxster and Cayman could be joined by naturally aspirated 4.0‑litre flat‑six GTS, Boxster Spyder RS and Cayman GT4 RS variants, which might later adopt hybrid powertrains similar to the 911.
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Broader context for Porsche’s strategy
In 2025 Porsche delivered just under 280,000 cars worldwide, down from a record 310,718 in 2024. Fully electric models accounted for 22.2 percent of sales, with plug‑in hybrids adding another 12.1 percent. Since then the firm announced 9,000 job cuts as part of its “Sports Car Factory 2035” plan, aiming to generate billions of euros in savings.
Leiters said the brand will focus on two priorities: building “the sportiest cars in every segment” and preserving production craftsmanship and “down‑to‑earth values.” He added that Porsche intends to keep its manufacturing base in Germany and guarantee job security for remaining staff through 2035.
Future outlook suggests Porsche is betting on the Taycan’s premium positioning rather than withdrawing from the electric sedan market.
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