by Porsche delays the release of electric Boxster and Cayman
Porsche is facing serious challenges in developing electric versions of its popular Boxster and Cayman models. The main reason is the shortage of high-quality battery cells required for these vehicles. The problem worsened after the bankruptcy of Swedish battery manufacturer Northvolt, which affected the company’s plans.
Initially, the electric versions were planned for release in 2026, but the timeline has now been pushed to 2027. This could lead to a pause in production of these models, as their gasoline counterparts will cease sales in Europe by 2025.
Battery issues and strategy changes
Porsche attempted to establish its own battery production through Cellforce Group, but due to competition with Asian manufacturers, the project did not receive sufficient funding. The company also invested in Varta to secure stable supplies, but supply chain issues persist.
“Porsche’s original electrification plans are now being compounded by market difficulties,” noted Wolfburg Research analyst Fabio Helsher.
Additionally, the electric off-roader K1, originally planned for release in 2027, may now only appear by the end of the decade. In light of this, Porsche is revising its strategy: the company continues developing new gasoline engines and is even considering hybrid versions for the Boxster, Cayman, and K1.
Previously, Porsche set ambitious electrification goals, but due to slowing market demand and technical challenges, the company is forced to be more flexible. This is especially true for key markets like China and the U.S., where the situation remains unstable.
