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.