Porsche Taycan Turbo S (Image: Porsche)

Porsche Says Its EVs Will Soon Be More Profitable Than Its Gas-Powered Cars

Porsche expects that, within two years, its electric cars will be as profitable as its conventional cars, and that within five years, its electric cars will prove even more profitable. Speaking at the company’s capital markets day, chief financial officer Lutz Meschke said that Porsche expects the margins on electric cars will equal and then