Due This Summer, Hybrid 911 Foreshadows Many New Electric Porsches

According to Porsche’s annual financial press conference held today in Germany, the parade toward more electric power is right around the corner. That said, the company is holding fast with some ICE and hybrid models, including, in early summer, a “product upgrade” to the 911, “including a high-performance hybrid drive,” Porsche says.

The long-awaited 911 hybrid is finally coming? Apparently, it is.

“Once again we are deploying technology in series-production models that we have derived from the world of motorsport,” said Chairman of the Executive Board Oliver Blume. “And our customers can look forward to further technological innovations along those same lines.”

Porsche has already said the 911 hybrid won’t be a plug-in, thus eliminating the need for a heavier battery that is typically required for this drivetrain type. Much like the Chevrolet Corvette E-Ray, which is also a conventional hybrid, the 911 hybrid is expected to use a compact electric motor powering the front wheels, thus making the car all-wheel-drive.

Nowhere in the materials or even in the rumor mill is it even suggested that the 911 will become all-electric anytime soon. “Porsche is committed to a combination of three types of powertrains: efficient ICEs, exciting plug-in hybrids and innovative all-electric models,” the company says. But it does expect to have 80 percent of its fleet “fully electrified” by 2030.

In the 2023 Sustainability Report, Chairman Blume discusses his personal influences. “People buy certain clothes and even furniture because they identify with them. Take me, for example. I drive a 911 and a Taycan, prefer Apple devices, and have a Barcelona chair by Mies van der Rohe.” Like him, we presume, “Many of our customers are open-minded and design-oriented and value modern technology.”

The company notes that there are about 1.3 billion vehicles with combustion engines worldwide currently, and “many of them will probably still be used in 30 years or more.” To that end, Porsche and its partners built the first commercial eFuels plant, located in Chile. “With this pilot plant, Porsche and its partners show how the production of eFuels can work on an industrial scale.”

More on Porsche’s upcoming product plans: “It begins with the third-generation Panamera,” with “even more powerful powertrains.” Then this spring, there’s the next generation of the all-electric Taycan. “The new version has more power, a longer range, accelerates faster and charges in less time with greater stability.” The company has already premiered the new Taycan Turbo GT, with a top speed of 190 mph, and a 0–100 km/h (62 mph) time of 2.2 seconds.

Later this year, the second-generation Macan joins the lineup in all-electric form. “It will be manufactured in Leipzig alongside its ICE sister model, which will continue to be offered,” Porsche said.

In news that should interest Cayman and Boxster fans: “The all-electric 718 is planned for the middle of the decade. It will be followed by the all-electric Cayenne. Porsche is also planning to expand its product portfolio upwards, with an all-electric SUV, sportily positioned above the Cayenne. This completely new car concept is based on the SSP Sport platform developed by Porsche and is to be built in Leipzig.”

In sum, Porsche says the future for the company and its 42,140 employees looks bright, as if lit mostly by electricity. It sold 320,221 vehicles in 2023, up 3.3 percent from 2022.

“Porsche proved in 2023 that we are resilient, highly profitable and financially robust even in volatile times” said Lutz Meschke, deputy chairman of the executive board. “On this basis, we’re laying the groundwork in 2024 for a flying start in 2025.”

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