Hyperdrive

Porsche’s Second EV Is Two Years Late — and Key to Its Future

  • Electric Macan SUV is meant to reinvigorate slowing sales
  • Luxury-car maker needs to address poor performance in China
Macan TurboSource: Porsche AG

Porsche AG unveiled the electric Macan, its long-delayed first battery-powered sport utility vehicle, just as the EV market shows signs of cooling.

Presented Thursday in Singapore, the model that starts at €84,100 ($91,593; US pricing starts at $78,800) will test appetite for luxury EVs as consumers grapple with higher borrowing costs and sub-par charging infrastructure.