Porsche AG sees ‘huge’ demand for all-electric Taycan

© Reuters. FILE PHOTO: A Porsche Taycan electric vehicle (EV) is seen displayed during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song

MUNICH (Reuters) – Luxury sports car maker Porsche AG is attracting huge demand for its Taycan model, causing wait times for the all-electric coupe to stretch to six months, CEO Oliver Blume said on Monday.

“Our original production capacity for the Taycan was 20,000 units this year – we’ve sold that many in the first half of the year,” Blume told a panel discussion at the IAA (NYSE:) Mobility show in Munich.

“Incoming orders are huge – they are good in China too,” said Blume, adding that the Volkswagen (DE:) group unit was, like other carmakers, battling chip shortages and had more incoming orders than it could meet.

Normal waiting times for a new vehicle were four months but they have now stretched to half a year, he said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*