The Porsche 718, a mid-engined roadster that injects the automaker’s motorsport history into a modern package, will go all-electric by 2025.

The 718 EV, which was announced at Porsche’s annual meeting, is part of the company’s ambitious and recently expanded plans to electrify its fleet. The company said Friday it now wants 80% of all new sales to be all-electric vehicles by 2030.

“Due to the different speed of transformation in different regions of the world, we have a very flexible engine strategy,” Blume said. “We are opting for emotional combustion engines, powerful plug-in hybrids, sports hybrids and also for fully electric cars.” He added that some models will be offered in a variety of parallel powertrains, noting that the 911 will continue to be offered as a combustion engine.

The Porsche 718 EV, which will be the third all-electric vehicle in its portfolio, follows the all-electric Taycan that debuted in 2019 and the upcoming Macan.

The new sales target cannot be met by the growing popularity of the Taycan and its many variants. An all-electric Macan and the 718 EV will help bridge that gap, company executives said in a briefing ahead of the annual meeting. The company also said Friday that its plan includes building a proprietary network of electric vehicle charging stations that will include lounge-like spaces for customers to work or drink coffee while they wait for their batteries to recharge.

The Macan, as expected, will launch first in Europe in 2023, followed by the United States in 2024. The 718 EV will debut in 2025, Porsche CEO Oliver Blume said. The Macan will be based on the Premium Platform Electric (PPE) platform, an architecture that Porsche and Audi began developing in 2018.

Porsche is developing a special configuration for the 718 EV, Blume said, adding that it will also have an 800-volt system like the Taycan that enables some of the industry’s fastest charging speeds.

That won’t be Porsche’s only challenge. Blume said his strategy is to use many of the same components in the 718 and 911 to produce both vehicles on the same production line.

“So it’s a different platform, but using the same modules, like on our two-door sports car, the 911,” he added.

Porsche has said it also plans to produce a hybrid variant of the iconic 911 sports car. It won’t be a plug-in hybrid but rather a sports hybrid similar in technology to the Porsche 919 hybrid that raced and won at Le Mans. .

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