Reversing an earlier plan, Porsche says its Macan compact SUV will not go all-electric yet.
The company had introduced a Macan electric vehicle (EV) for the 2024 model year. Dealers currently sell it alongside a gas-powered Macan. But the company had announced plans to phase out the gas-powered model soon.
That plan is on hold. Speaking to investors and reporters to discuss second-quarter earnings, CEO Oliver Blume said a new gas-powered compact SUV will join the Porsche lineup by 2030.
“We have the electric Macan, which is performing in its segment quite well with over 30% market share, which is huge, but on a lower volume than expected. And now we will add, again, a combustion engine and a very high-performing hybrid in this segment from the end of the decade,” he said.
Porsche Can’t Continue Building the Current One
- The old Macan no longer meets European safety regulations
- We expect an entirely new car sharing parts with the current Audi Q5
Porsche will build an entirely new Macan, Blume said. Bringing an unplanned model out in just five years is almost unheard of in the automotive industry, where design cycles, factory lead times, and supplier contracts often mean an automaker spends as long as a decade developing a new car before it reaches the sales floor.
“We are speeding up the process there with very short development times,” Blume acknowledged. But he promised “a very, very typical Porsche for this segment and also differentiated from” the electric Macan.
But Porsche can’t just continue building the old one. The current Macan no longer meets safety standards in Europe. Porsche already discontinued the car there, selling it only in the U.S. and other markets outside its home territory.
So, how will they develop a new Macan at lightning speed? Likely by borrowing parts.
Porsche is a division of the Volkswagen Group. VW already has a relatively new, relatively high-performance compact luxury SUV platform – the one that underpins the upcoming 2026 Audi Q5.
The Audi comes with a mix of powertrains, including gas-powered and hybrid versions.
