At a Porsche Club meeting a couple of months ago, the Manager at the Porsche dealer where the meeting was held had recently gone to Porsche Atlanta for a dealer's meeting where they get to drive the cars and learn from factory representatives about the current company plans. They were told that Porsche will continue to make the ICE Macan as they evaluate how sales of the EV Macan take hold. I'm pretty sure he also said that 2026 is the minimum target for continued ICE manufacture. It just seems odd that they will continue making two Macans that have different body styles and different interiors. The 718 is a vehicle with a different purpose than a Macan, so I think "range anxiety" will be a bigger factor for Macan owners than 718 owners. The head salesman at my local Porsche dealer has been studying materials from Porsche that address range anxiety - exactly what they are supposed to tell potential buyers to address that concern. We both got a chuckle out of EV recharging times that are always provided to 80% of capacity because the last 20% takes longer to charge. Can you imagine going on a trip and stopping for gas in an ICE Macan and only filling the tank to 80% of capacity at a gas station?

 

I drove the new Macan Turbo for a couple hours with my wife yesterday.

It was an amazing experience. The vehicle is easily the best vehicle I have ever driven. Speed and acceleration were on par with my 911 Turbo. Handling was unbelievable and it “hid” its weight with amazing dexterity on the road.

This is easily the best EV out there and is now the benchmark for EV’s. It easily outclasses the E-tron, Model X Plaid, and anything made by Mercedes by an order of magnitude. Hard to describe exactly how and why, but I have no doubt that most people would agree.

BUT…..the vehicle properly equipped is about $202,000 Canadian, inclusive of all tax. EV’s lose at least 50% of their value within 3-5 years due to their nature - so buying the vehicle for a longer term ownership bid is not a good decision for most people.

Porsche lease rates are 8.99% right now, which makes a lease on the vehicle with nothing down turn into a liability of just over $3700 a month.

And CCS chargers in my province are few and far between, with no new ones coming online for the past couple of years. The apps state that there are all kinds of chargers available, but in reality, more than 60% of the chargers don’t actually exist….and at least half of the rest are perpetually broken. At a cost of almost $100k per level 3 DC CCS charger, no business can expect any ROI on them.

The range of the Macan Turbo is apparently 500 km…but they want you to charge it to only 80%, so then the real range is 400km….but real world driving is 80% of that, so 320 km…and half of that in cold weather, or 160 km in cold weather.

So….the world is just not ready for this vehicle quite yet. Range is still an issue and only Teslas have a network of chargers remotely robust enough to be a consideration for most people.

This is a great vehicle for an early adopter enthusiast who doesn’t mind losing the amount of capital that this vehicle commands.

I predict that it won’t sell well. Taycans are down in sales by 50% this year, and this vehicle also won’t penetrate the market.
Should it be released as a hybrid, it will be unbeatable and I’ll buy it without question. But the EV is just not quite ready for the real world.

 

That's my take as well. It's a true Porsche: "Not something for everyone, but everything to someone." Unfortunately that is not what Porsche needs in their showrooms right now.

To the extent your requirements coincide with a few relatively narrow applications, it will probably be an awesome car. But it never made any sense to sacrifice the ICE Macan for it. As a pure-play EV with basically no viable public charging solution in place, it's not a volume car, as the ICE Macan was.

It should've been introduced as a different model entirely, and yes -- God, yes -- it should have been a hybrid.

Failing that, the right time to start sucking up to Tesla for Supercharger access was 5 years ago. Now they will be very hard to catch up with.

 

Absolutely agree with the prior statements. Following a German Porsche Forum, there is currently huge concern about the expected sales volumes for the electric Macan. Industry experts see a dip after an initial early adopter peak. Electric mobility winter has started and there are more electric veterans converting to ICE than vice versa. If the Macan doesn’t sell well, Porsche will get into trouble. Signs don’t look promising at the moment. Don’t want to be the naysayer here but leaving ICE and hybrid options out and jump full scale into EV can seriously backfire. Look at our threads, almost no ICE enthusiast is happy to convert. Neither are we happy to lose 40% of value within a few years after purchase. Will this go well? Why didn’t Porsche offer options? The group of lost existing customers will likely be bigger than newcomers to the brand. This will make it difficult for the bread and butter model to bring in the money…

 

I'm curious as to how the Macan EV will be accepted at Porsche club events after the initial introduction? My experience is that ICE Macans are kind of begrudgingly tolerated by the 'real' Porsche people in the 911s; sort of like having Mom & Dad force you into letting your kid brother hang out with you and your friends. Will the EV be the same?

 

Haha! That’s funny. My experience in my neck of the woods is that most Porsche clubs are attended by professionals and business owners, and their conduct is usually commensurate with their status. I belong to Porsche clubs in Calgary, Canada and in Scottsdale AZ. Same experience in both places. Any “snobs” that take elitist views, seem to quickly adopt the more tolerant and professional vibe in these clubs. Interestingly, the billionaires I know are often more relaxed and tolerant than the millionaires in these clubs. The “thousandaires” seem to be the most uptight. The “hundredaires” probably stole their cars, but who’s judging? ;-)

 

I’m optimistic about EV technology and excited for its potential, but electricity might not be the only fuel source moving cars in the future. Even today, we have a handful of alternatives like hydrogen, natural gas, LPG, and eFuels. It takes time for the public to adapt to these new changes, but I do wonder why Porsche didn't introduce a hybrid (HEV) version of the Macan. Considering they’ve already successfully implemented hybrids in the Cayenne line, it feels like skipping HEVs and going straight to EVs is a bold move—maybe even a risky one.
Many current Macan customers, myself included, may not be fully ready to transition to an all-electric vehicle (EV) for various reasons. If I were to buy an electric Macan, I’d plan to keep it for 7-8 years. But what worries me is the cost and accessibility of maintenance. Porsche dealer service prices are already insanely high, and it’s going to be challenging to find independent mechanics willing to work on EVs once the warranty expires, even more to purchase extended warranty. So, where would I go for repairs (except dealer) if something goes wrong?
I’ve been following the conversation on German Porsche forums too, and there seems to be a lot of concern about how well the electric Macan will sell. It seems like Porsche might face some real trouble if the Macan EV doesn’t sell well, and jumping straight into EVs without offering ICE or hybrid options could backfire. Many existing customers might not be ready to make the switch, and losing that loyal base might outweigh any new EV customers. It’s a tough gamble for sure! On the other hand, Porsche been in business for many many years, they make great cars, and I am certain there are good reasons behind decisions to drop certain models and replace with EVs.

 

The Macan EV simply won't sell well. I'd put money on it. They are >$202k for the Turbo in Canada which is far too expensive. The Tayan sales worldwide are down 50% from an already existing fraction of sales that had been hoped for. These vehicle are not vehicles to "own". They are basically "3 year appliances that you lease".

Despite that, Porsche Canada's lease rate is 8.99% which is very high considering the current prime rate. Porsche is also estimating a residual value on the leases that are wildly optimistic and nowhere near the expected and historic 50% depreciation that all EV's face.

I think that it is a foregone conclusion that Porsche will walk back on their plans to EV their best selling vehicles - much like Audi/Chev/Ford/Mercedes have had to do.

The car companies basically believed the left-wing governments that forced them to play nice with a fictitious future that the governments all failed to manifest, mostly due to incompetence. A smarter move would have been what Toyota did....tell the various governments to FO and then invest in hybrid tech instead of EV tech.

The Cayenne ICE and hybrid will keep Porsche's lifeblood flowing.....but only as long as the board members take the time to tell Oliver Blume to get back to the drawing board and make more great Hybrids (which they have already started to do).

 

.....but only as long as the board members take the time to tell Oliver Blume to get back to the drawing board and make more great Hybrids (which they have already started to do).

Stockholders already told him that

Porsche stockholders are not happy

6/7/24

Porsche’s EV Targets Face Investor Pushback Over Slowdown

Porsche AG shareholders are calling on the luxury-car maker to ease off its electric-vehicle push as a global slowdown for the technology threatens sales and profits.

At the company’s annual shareholder meeting on Friday, Chief Executive Officer Oliver Blume was asked why he’s sticking with a goal for plug-in Porsches to account for more than half of sales next year. Rivals including Mercedes-Benz Group AG are walking backtheir EV ambitions due to poor demand.

They responded

Porsche posts strong second quarter with a 17 percent return on sales – and a robust first six months of 2024

Porsche AG achieved stronger results in the second quarter of 2024 than in the previous quarter and is reporting robust financial figures for the first half-year.

newsroom.porsche.com

As the transformation to electromobility is developing very differently around the world, we have already started to recalibrate and reprioritize projects and products with regard to ICE technology.” Part of the strategy is retaining the greatest possible flexibility in the production of the different types of powertrains. Porsche continues to focus on three powertrain types: all-electric vehicles, efficient plug-in hybrids and exhilarating ICE engines.

 

I have reached a conclusion. I am driving a 22 Macan GTS and it is the best car I have ever owned. Next year I will have it for 3 years and it is still like new. Parked inside, no issues whatsoever (except some minor stuff), great driving experience. I was used to renew my cars every 3 - 4 years in the past, so I feel the itch to know what will come next. Given the excellent condition of my Macan GTS, I will continue to drive it. Not forever, but longer than I have been owning cars in the past. I was confused because the electric Macan is a complete nogo for me and the first user reports are even worse than what I expected. Not my problem. At the same time, I cannot imagine to leave Porsche and so my potential new car would be a Cayenne S Coupé. Many people cannot really distinguish the Macan from the Cayenne Coupé anyway, hence I know what I would do in case I had to. The Cayenne S Coupé would give me comparable performance to the Macan GTS and it has a V8 engine that must be a hoot to drive. Just the feeling that I didn't know what to do if some dude crashed my car was a strange feeling. I hope it will never happen and I will be fine with my car for the time to come. But now I made my peace with Porsche's Macan strategy. Although I still prefer the Macan dimensions and shape over the Cayenne. But here we go. We must move on and let go. Good luck electric Macan, I stop pondering over it and know what to do in case I needed to take a decision.

 

I was confused because the electric Macan is a complete nogo for me and the first user reports are even worse than what I expected.

Would you mind sharing what are these “first user reports” that are “worse than what [you] expected”?

 

I visited my local dealership yesterday and had a chance to test drive the base Macan EV (it was the only version available). I like the design and the technology, but the ride left a lot to be desired. Coming from a traditional ICE Macan, the driving experience was... underwhelming. To be fair, I think this is more of an EV characteristic than a Porsche-specific issue. But it does make me wonder how well it will resonate with consumers who enjoy the visceral feel of an engine. As the shift to electric continues, I’m curious if Porsche can integrate tech that makes the driving experience more engaging. This base model was priced at $85k, which seems like it could deter a lot of potential Macan buyers. While I’m cautiously optimistic that Porsche will improve the driving dynamics over time, in my opinion, the cost doesn't quite justify the experience...yet.

 

There is a brand new Macan Turbo EV up on bringatrailer right now, I am curious what the market says in the few days when the auction is over.

2024 Porsche Macan Turbo Electric

Bid for the chance to own a 2024 Porsche Macan Turbo Electric at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #175,387.

bringatrailer.com

 

How did they manage to get creases and dents into the seats in only 86 miles?
Very interested to see what happens with that one.
What are the thoughts on final bid? I say high bid $105K and reserve not met.

 

I drove my other / fun car last weekend and spent about 30 minutes cruising near a new EV 4. Have to admit, it looked pretty good in person! I would put it on my test drive list if I was in the market for an electric or hybrid SUV.

 

These higher end EV cars are definitely not a wise place to stuff your money into. 26% price drop 86 miles later... wow.

 

I share your view. What are they thinking? It needs to be a fair deal and the producers must own their part of the risk. Ok, we talk about luxury products. But does it mean that consumers switch off their brains? If you look at the Porsche stock and their current downsizing exercise, I’d say no. Taycan shifts are dramatically reduced, they might even take it away from Stuttgart to get Leipzig to (sort of) full capacity. This in turn tells us that the Macan doesn’t fly either. Customer experience matters. Those who ignore it pay the price. I am not making any donations to a company that got their bets so wrong. Customers decide. No attractive offer, no deal.

 

...not gone for 27% off list...me wonder about its real value?

 

The Feds just crushed the CA-EV Mandate via legislation...................actual law...............not an EO.................so we will see how the EV markets go especially with the Feds also killing the $7500 EV Tax credit.

Porsche IMHO is making a huge mistake killing off ICE models, but its their decision.