Porsche Panamera EV & crossover to arrive by 2026 – Report

With the Porsche Macan EV and Taycan, Volkswagen’s performance brand is preparing for the future. In addition, Porsche is planning two more zero-emission family models. The first is a Porsche Panamera electric successor, claims a report from German publication Automobilwoche.

Porsche has an EV in the Panamera segment, which is the Taycan. However, it has decided to launch the Panamera also with electric propulsion when it moves to the next generation. It’s possible that the company could make the Panamera a higher-class model that competes with the Mercedes EQS, with new technology and higher margins.

Two Porsche models to sit on the PPE Platform

Volkswagen Group CEO Dr. Herbert Diess has said that two Porsche models should make use of the PPE platform in the premium segment. Dr. Diess hasn’t revealed the identities of the Porsche models, but according to the German publication’s intel, these will be the large SUV previously allocated to the Volkswagen Commercial Vehicles Hannover plant and a Panamera electric successor. The former, codenamed K1, would be a Panamera-sized crossover, and will rollout of the Porsche Leipzig plant.

The electric crossover and the Panamera electric successor will share the PPE platform. Internally called PPE61, it will be different from the PPE application of the Macan EV. For reference, Porsche will use a ‘PPE41’ version in the Macan EV. Porsche could launch the Panamera electric successor around 2025, and will start series production of the K1 electric crossover in 2026.

Porsche K1 to be built in Leipzig

In an interesting turn of events, Automobilwoche reported on January 9, 2022, that Porsche had agreed to pay $114 million (circa €100 million) to compensate VW for not manufacturing the flagship EV at the VW Commercial Vehicles plant in Hannover, as was the plan earlier. Porsche will enjoy the freedom of building the K1 now at its Leipzig production facility from 2026. It is still unclear what will be the capacity allocated at the Leipzig plant but as per the original agreement with VW Commercial Vehicles, the task was to produce 25,000 units annually.

We will update this page as we get more information on the future launches.

Featured image: Porsche