<

PORSCHE AG EQS-News: Dr. Ing. h.c. F. Porsche AG: Porsche decides on production location of future all-electric Cayenne

Transparency directive : regulatory news

23/03/2023 11:00

EQS-News: Dr. Ing. h.c. F. Porsche AG / Key word(s): Agreement
Dr. Ing. h.c. F. Porsche AG: Porsche decides on production location of future all-electric Cayenne

23.03.2023 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Fourth generation of the Cayenne also to be built in Bratislava
Stuttgart. Porsche AG is laying the groundwork for the further electrification of its model lines: The sports car manufacturer has decided to manufacture the future all-electric Cayenne at Volkswagen Slovakia’s multi-brand location in Bratislava. After the Taycan (since 2019), the Macan (in 2024) and the 718 (middle of the decade), the Cayenne will become the sports car manufacturer’s fourth model line with an all-electric powertrain. Porsche has already announced a further all-electric SUV above the Cayenne for the second half of the decade. That model will be produced at the Porsche factory in Leipzig.

Albrecht Reimold, Board Member for Production and Logistics at Porsche, knows the strengths of the multi-brand plant in Bratislava first-hand. From 2012 to 2016 he was the Chairman and Member of the Executive Board for Technology at Volkswagen Slovakia. “The plant in Bratislava has done outstanding work in recent years and has received several awards. The future Cayenne will be the first all-electric SUV to be manufactured there. I’m sure that the team there will be meticulously prepared and will get the new generation to the starting line – when the time comes – in characteristic Porsche quality,” says Reimold.

The Cayenne has been stamping its mark on the sporty SUV segment for over 20 years. Its success remains undimmed. With 95,604 delivered units in its anniversary year of 2022, the Cayenne posted the highest demand among all Porsche model lines. Since production began in 2002, the Cayenne has been closely associated with Bratislava. In the early days, the painted bodies were sent from there to Leipzig. With the third generation of the SUV, production moved entirely to Bratislava in 2017. Since then, the site has produced models with combustion engines and plug-in hybrid powertrains.

The plant in Slovakia is currently preparing for the start of series production of the extensively upgraded new Cayenne. Following its launch in 2017, Porsche has now significantly upgraded the third generation of the SUV with far-reaching measures affecting its powertrain, chassis, design, equipment and connectivity. In addition to realigning the drive portfolio with combustion engines and hybrid drives that are as powerful as they are efficient, the engineers at the Porsche Development Centre in Weissach made major revisions to the Cayenne’s chassis system. The aim: to achieve an even wider range between the typical Porsche on-road performance, long-distance comfort and off-road capability.

IR contact:
Bjoern Scheib, Head of Investor Relations
capitalmarkets@porsche.de





 


23.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Dr. Ing. h.c. F. Porsche AG
Porscheplatz 1
70435 Stuttgart
Germany
Phone: +497119110
E-mail: info@porsche.de
Internet: https://www.porsche.com/international/
ISIN: DE000PAG9113
WKN: PAG911
Listed: Regulated Market in Frankfurt (Prime Standard)
EQS News ID: 1590265

 
End of News EQS News Service

1590265  23.03.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1590265&application_name=news&site_id=symex


Other stories

28/03/2024 19:33
28/03/2024 20:08
29/03/2024 01:30
28/03/2024 18:38
28/03/2024 13:03
28/03/2024 12:25
28/03/2024 19:35
28/03/2024 23:46
29/03/2024 03:31
28/03/2024 21:00
28/03/2024 22:03
28/03/2024 14:30
29/03/2024 01:58
28/03/2024 17:48
29/03/2024 03:31
29/03/2024 03:23
29/03/2024 04:47
28/03/2024 09:59
27/03/2024 15:52
27/03/2024 19:23
29/03/2024 03:00
27/03/2024 22:02
29/03/2024 01:01
28/03/2024 21:58
29/03/2024 03:31
28/03/2024 18:12
29/03/2024 00:17
28/03/2024 23:17
28/03/2024 19:31
28/03/2024 17:28
27/03/2024 21:46
29/03/2024 01:26
28/03/2024 12:18
28/03/2024 17:55
29/03/2024 00:01
28/03/2024 13:25
28/03/2024 19:18
28/03/2024 11:40