Porsche’s new CEO confirmed the electric 718 sports car is still on the way.
The 718 remains important because it attracts new buyers below the more expensive 911.
Porsche could reveal the electric 718 later this year, with production expected in 2027.
Porsche’s delayed and electric 718 replacement is still alive. Porsche’s new CEO, Michael Leiters, who assumed the top job at the start of the year, confirmed last week that it’s still in development, following months of speculation regarding its future.
“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,” Leiters told German newspaper Frankfurter Allgemeine Zeitung (via Google Translate). The 718 has traditionally helped bring new buyers to the Porsche brand, providing a entry-level sports car that slots below the more expensive 911.
