New Porsche boss says electric 718 is still coming, Taycan isn’t going anywhere
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- Michael Leiters, Porsche's new CEO, said in his first major interview that the electric 718 model will be built, despite widespread speculation it would be cancelled
- Porsche has gone back and forth on electrification, according to the source, framing the CEO's commitment as a notable reversal of recent doubt
- The electric Taycan "isn't going anywhere" per Leiters' comments, signaling both flagship EV programs remain on the roadmap
- There are "inklings" that Leiters isn't as committed to full electrification as his predecessor, despite the public assurances about the 718 and Taycan
Why it matters: Leiters' interview is his first major public statement since taking the CEO role, and his decision to confirm both the electric 718 and Taycan temporarily ends months of speculation that Porsche was walking back its EV commitments — though the source itself flags that his commitment appears softer than the headlines suggest, which matters for investors and buyers tracking Porsche's electrification timeline.
