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Just over a year ago, the automaker hinted that the most powerful versions of the 718 could keep a gas engine, possibly a flat-six. That pointed to a full lineup, with electric variants at the entry level and pricier gas-powered models at the top.
According to Porsche, it never officially approved a return to gas power. CEO Michael Leiters made it clear: the 718 will be electric, period. In short, nothing has changed from the plans that were originally announced.
That said, because the project has dragged on for so long, the rumour mill went into overdrive. First announced in early 2022, the electric 718 was supposed to arrive around mid-decade. It’s now scheduled to go on sale in 2027, with 2028 marking its first full year of production.
Porsche isn’t the only one going this route. Audi’s Concept C will be sold strictly as an EV once it reaches production.
The challenge will be convincing purists that a sports car without a combustion engine can be just as much fun to drive.
This one will be fascinating to watch.
It’s no secret that Porsche is going through a rough patch. Its profits fell from the equivalent of US$5.9 billion in 2024 to US$101 million in 2025. To turn things around, the company plans to prioritize profitability over volume. Here are the highlights of what’s coming:
For a brand that bet big on electrification, it’s a dramatic about-face, but Porsche is hardly the only one backpedalling.
Ironically, the most affordable sports car in the lineup will be the only one to go fully electric.
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