Porsche Plans To Cut Costs To Account For Lower Profitability Of EVs

By Mark Kane Porsche looks for an additional €6 billions in savings
According to Bloomberg, Porsche is working on a plan to improve overall efficiency of the company to compensate for the lower profitability of new electric models.
The idea is to improve operating profit by €6 billion (about $6.8 billion) over eight years by …read more

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