RIYADH: German automobile manufacturer specializing in high-performance sports cars, SUVs, and sedans Porsche has announced that it aims for over 80 percent all electric vehicles by 2030, according to a statement.
To achieve this goal, the car maker is planning, together with its partners, to invest in premium charging stations as well as owning its own charging infrastructure.
The vehicle manufacturer is also planning to invest in core technologies such as battery systems and module production.
This goal comes as the car manufacturer has just underpinned its position as one of the most profitable automobile makers over the past financial year.
Porsche's sales hit 33.1 billion euros in 2021, reflecting a 4.4 billion euros surge as opposed to 2020, and representing a 15 percent jump.
"Our business figures reflect our value-creating growth and the robustness of our business model – even under difficult conditions such as the semiconductor shortage," the statement said, citing Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for finance and IT.
