Porsche CEO confirms work on an electric-powered sports car

Speaking for the first time publicly at the 2009 Frankfurt Motor Show, Porsche’s new CEO, Michael Macht, said that the Stuttgart automaker is “considering and working hard on an electric-powered sports car that would meet the high demands of the Porsche brand.”

“I am also convinced that one day Porsche will have an electric sports car in its line-up,” said Macht. He cautioned that so far the available battery technology is not “sufficient to meet Porsche’s strict requirements.”

Macht said that Porsche engineers are working hard on improving battery technology and that “an electric sports car would therefore only make sense for Porsche if it offers performance and a cruising range similar to that of current sports cars in the market.”

“We are therefore taking the first step in this direction with a full hybrid ““ in the Cayenne, the Panamera and maybe in the not too distant future also in a racing car or a production 911. Why not?,” he said.

– By: Kap Shah