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Gas Powered

The world is moving towards sustainable power sources. These announcements and initiatives have come from all over the world. With China looking to become carbon neutral by 2060 and California planning on banning gas-powered vehicles by 2025, it’s going to be interesting to see how major players in the world of business will adapt to these new trends.

For Porsche’s flagship vehicle the 911, not much will change according to Oliver Blume (CEO of the company). Porsche has been a top leader in car innovation and development since the company’s founding almost 100 years ago. For many, Porsche arguably makes the best cars on the entire planet.

There’s a lot of history and die-hard fans of Porsche and more specifically, the 911. Mr. Blume had this to say: “The 911 is a concept of the car that is prepared for the combustion engine. It’s not useful to combine it with pure electric mobility. We believe in purpose-designed cars for electric mobility.”

With Porsche’s release of the new electric Taycan, it’s not that they are completely against the idea of electric but to them, it is wiser for this to be done on a vehicle-to-vehicle basis rather than a big change across the entire line of Porsche cars. Do you want to see an electric 911 or do you think this is one that should stick to buzzing and humming, combustion style?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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