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Porsche Postpones Launch of Roomier Taycan EV to Early Next Year

  • Cross Turismo variant was initially planned for late 2020
  • CEO says demand for the initial Taycan sedan is strong
The Porsche Mission E Cross Turismo concept.
The Porsche Mission E Cross Turismo concept.Photographer: Qilai Shen/Bloomberg
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Porsche will launch a more spacious variant of its Taycan electric car later than planned, citing strong demand for the initial model in the midst of the coronavirus pandemic.

The Cross Turismo version of the vehicle will debut in early 2021 instead of late this year, Chief Executive Officer Oliver Blume told reporters Wednesday. The sports-car maker won’t cancel any car projects as a result of the market gyrations triggered by the Covid-19 pandemic and expects to sustain a double-digit profit margin this year.