Porsche is reportedly facing difficulties in managing battery packaging issues with the upcoming 718 EV, potentially causing delays in its release.
Porsche's battery supplier, Valmet Automotive, is struggling to meet the automaker's constant revision requests and is facing challenges in getting Porsche to cover the expenses.
If the 718 EV is delayed, Porsche may face a gap in its lineup as it phases out the gas variants due to tightening cybersecurity regulations in the EU.
Porsche's goal to transition 80% of its sales volume to electric vehicles has been pushed back, and the planned Cayenne EV release could also be delayed due to demand and engineering challenges.