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PORSCHE to Invest Billions into Electric Cars

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Old 02-05-2018, 12:45 PM
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GT3RS-Fan1
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Default PORSCHE to Invest Billions into Electric Cars

Saw this posted today. PORSCHE to invest billions into Electric cars.

LINK:
https://blog.dupontregistry.com/pors...ment-02052018/

Drive safe,
GT3RS-Fan1
Old 02-05-2018, 02:05 PM
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daveo4porsche
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didn't we know this already?
Old 02-06-2018, 06:48 AM
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JMartinni
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Info directly from the source:
https://presse.porsche.de/prod/press...rsionid=828418
https://newsroom.porsche.com/en/comp...ume-14796.html

Originally Posted by daveo4porsche
didn't we know this already?
Yes - the actual news is that Porsche are doubling their investment to six billion Euro.
Old 02-06-2018, 08:06 AM
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Ahhh ok got it. I guess Porsche has discovered what I’ve discovered

once you go EV there is no going back ��
Old 02-06-2018, 02:16 PM
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Mick_D
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So do I just call up my local Porsche dealer and ask for a salesman and tell him I want to put a deposit down on a Mission-E?
Old 02-06-2018, 03:25 PM
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Yes, I did. I can't wait. Sorry GT3 fanboys and the prices Porsche is getting for them..the days are numbered....
Old 02-06-2018, 09:43 PM
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Archimedes
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Originally Posted by promocop
Yes, I did. I can't wait. Sorry GT3 fanboys and the prices Porsche is getting for them..the days are numbered....
Yeah, because that's what typically causes a company to stop producing something. They sell too many at too high a price.
Old 02-18-2018, 09:25 PM
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STG
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This will be a disaster. Mark my words, this will go down in history books as a major fail and will hurt the company something serious.

The only people that want this are the Euro socialist politicians. Consumer demand IS NOT the driver here. I foresee tough times ahead for PAG.

They've drank the kool-aid and the buzz won't wear off.

"Porsche plans for 50% of its production to be electric within 6 years, which is more aggressive than any other major automaker, and they are talking about all-electric instead of just plug-ins."

^^ GOOD LUCK
Old 02-19-2018, 08:47 AM
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W8MM
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Originally Posted by STG
This will be a disaster. Mark my words, this will go down in history books as a major fail and will hurt the company something serious.

The only people that want this are the Euro socialist politicians. Consumer demand IS NOT the driver here. I foresee tough times ahead for PAG.

They've drank the kool-aid and the buzz won't wear off.

"Porsche plans for 50% of its production to be electric within 6 years, which is more aggressive than any other major automaker, and they are talking about all-electric instead of just plug-ins."

^^ GOOD LUCK
I will put Mission-E in two spots in my garage. One for the Mrs. and one for me.

She already owns a Tesla Model S and I'll convert from my incoming Pana Turbo S e-Hybrid when the time comes.

After driving her Model S for the past five years, our family is sold on PEVs.
Old 02-23-2018, 01:24 PM
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JustinL
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Originally Posted by STG
This will be a disaster. Mark my words, this will go down in history books as a major fail and will hurt the company something serious.

The only people that want this are the Euro socialist politicians. Consumer demand IS NOT the driver here. I foresee tough times ahead for PAG.

They've drank the kool-aid and the buzz won't wear off.

"Porsche plans for 50% of its production to be electric within 6 years, which is more aggressive than any other major automaker, and they are talking about all-electric instead of just plug-ins."

^^ GOOD LUCK
If you truly believe that, put some money on it. Short VW stock and make a bundle of money.
Old 02-28-2018, 01:40 PM
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promocop
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Originally Posted by JustinL
If you truly believe that, put some money on it. Short VW stock and make a bundle of money.
Agreed I had two electric cars... Fiat and BMWi3..cant wait for the mission E. I suspect my 2106 Targa, to be the last IC car I will own. Clearly Porsche has put millions into RD and now they are ready to put that into DD's
Old 02-28-2018, 04:50 PM
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mclaudio
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After trying out Teslas, I see an electric Porsche in my future. Instant torque/responsiveness would be my reason...not necessarily environmental. I can also rationalize why electric motors coupled with a high reving NA engine could be a transitional sweet spot.

Having said this, I can’t help but think about political/economic reasons such as Germany’s lack of oil-based power generation advantage versus its electric (coal and investments in renewable energies) power plant advantage. Follow the money.
Old 02-28-2018, 09:11 PM
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promocop
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Originally Posted by STG
This will be a disaster. Mark my words, this will go down in history books as a major fail and will hurt the company something serious.

The only people that want this are the Euro socialist politicians. Consumer demand IS NOT the driver here. I foresee tough times ahead for PAG.

They've drank the kool-aid and the buzz won't wear off.

"Porsche plans for 50% of its production to be electric within 6 years, which is more aggressive than any other major automaker, and they are talking about all-electric instead of just plug-ins."

^^ GOOD LUCK
Just to remind you PAG was to near to bankruptcy a few years ago. Then against everyones advice they built SUV's It saved the company as now more then 75% of their cars are SUV's The 911, et.al are drops in the bucket. The GT3s are a MINOR, minor part of PAG/PNA. The dealers are the ones getting rich off the insane ADM's that some are paying. The mission E is going to be HUGH. Sorry, it's the future for every car manufacturer I for one cant wait!
Old 02-19-2020, 04:40 AM
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Sebastian Grey
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I feel like it’s going to be a good idea in the long run as long as the car is sustainable and doesn't require a lot of high cost maintenance. There are gonna be some glitches at first though. I kind love to do investments in cars in general. I feel like it's worth the risk and the oldies are usually goodies. I kind of also want to get my hands on some of those old cars to just store them to their former glory and have something cool to do when I am retired. I am glad I have a 401k account and also that I have the basic knowledge of what is a 401 in the first place. I feel like it's a very good idea to have a 401k and to be able to have money when you are done with your career. but hey that's just me

Last edited by Sebastian Grey; 02-28-2020 at 09:17 AM.
Old 02-19-2020, 10:07 AM
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And why did this 2 year old thread just get bumped?


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