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While Porsche reportedly considers scrapping its 718 Boxster and Cayman EVs, Audi's CEO confirms their electric TT successor, the Concept C, is still firmly on track, highlighting diverging EV strategies.
Porsche is reportedly considering canceling the all-electric versions of its 718 Boxster and Cayman, citing slower EV transition, software struggles, and financial pressures.
Stellantis is officially discontinuing its plug-in hybrid (PHEV) models in North America, including the popular Jeep Wrangler 4xe and Grand Cherokee 4xe, shifting focus to hybrids and range-extended EVs.
Rivian CEO RJ Scaringe is out here saying losing the $7,500 federal EV tax credit is actually a *win* for the company! He thinks it'll thin out the competition, especially those legacy automakers who were just doing crazy lease deals. While others retreat, Rivian sees clear road ahead!
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