Porsche is discontinuing gas-fueled 718 Boxster and Cayman production later this year, with the last units scheduled to be built in October.
Sales of the mid-engine coupe and convertible have been affected by discontinuation in the European Union and other markets due to stricter regulations.
Porsche is developing fully electric successors to the Boxster and Cayman, which are expected to launch in the 'medium term' with enhanced dynamics and power.
While Porsche is phasing out ICE models like the Boxster and Cayman, it plans to keep models like the Cayenne and Panamera with gas engines into the next decade, alongside exploring new gas-powered crossover models.