Porsche Taycan. (Photo: Porsche)

FRANKFURT — Porsche ‌AG plans to discontinue production of its electric model Taycan by ​2030, WirtschaftsWoche cited ⁠sources as saying on Thursday.The ‌carmaker has given up on initial plans to ⁠relocate Taycan production to its plant in Leipzig from its main plant in Stuttgart, ​the business magazine added.

A Porsche ​spokesperson ‌declined to comment on the report, referring ​to ⁠an interview CEO Michael Leiters ⁠gave to FAZ newspaper in July in which he ⁠said there ​were "no plans to discontinue the Taycan in the short term."

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