Porsche to Stop Producing the Taycan EV

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Porsche’s electric sedan is headed for retirement. German business publication WirtschaftsWoche recently reported that the automaker’s works council has provisionally backed a management proposal to wind down the Taycan, with 2030 set as the target. Automotive website Motor 1 says the arrangement is not yet finalized, pointing to a phased exit rather than a quick stop. 

For other EV makers like Lucid Motors (NASDAQ: LCID) that also have a limited line-up of models, it may be time to look into broadening their offerings in…

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