Porsche shares dropped 7.5% by late morning on Monday after the company confirmed it was delaying new electric vehicle models and cutting its futur...

Tech Volkswagen Porsche

Sep, 22, 2025

2 min read

by CryptoPolitan

Volkswagen expects a $5.9 billion hit to its operating profit in 2025

Porsche, a German automaker, has postponed its electric vehicle launch, shifting its focus to combustion and hybrid models.

Business Volkswagen Porsche

Sep, 20, 2025

3 min read

by CryptoPolitan

Porsche has abandoned its EV battery production plans

Due to a lack of volume worldwide, Porsche has abandoned its plans to produce EV batteries. With the market for electric vehicles significantly red...

Tech Porsche

Aug, 25, 2025

2 min read

by CryptoPolitan

Ferrari pushes second EV launch to 2028

Ferrari delayed plans for its second fully electric model in 2026 to at least 2028 because of a lack of demand for high-performance luxury EVs.

Tech Ferrari Porsche Aston Martin

Jun, 17, 2025

4 min read

by CryptoPolitan

Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag

Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a...

Bitcoin Adoption Netflix El Salvador

Apr, 29, 2023

2 min read

by Bitcoin News