<ul><li>Porsche confirmed the expansion of its product portfolio to include more models with combustion engines and plug-in hybrid-drive systems.</li><li>The company shifts focus from being an electric vehicle (EV) only manufacturer by 2030 to continue developing internal combustion engine (ICE) models alongside EVs.</li><li>Porsche plans to debut a new model series SUV towards the end of the decade, powered by internal combustion and hybrid drivetrains.</li><li>To mitigate financial impacts, Porsche will cut 3900 jobs by 2029 due to sales decline in China, uncertain tariff barriers in the US, and restructuring costs estimated at €1.3 billion this year.</li></ul>

Porsche confirms expanded petrol and hybrid model range, job cuts

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