RE: Porsche limbers up for Cayenne Electric unveiling
RE: Porsche limbers up for Cayenne Electric unveiling
Sunday 9th November

Porsche limbers up for Cayenne Electric unveiling

How important is Porsche's second all-electric SUV? How long is a piece of string?


If it feels like you already know many important things about the Cayenne Electric, then you do. Its maker has been banging on about it for yonks (the video below is already four months old) and has already told us much about the battery-powered model that will join the Taycan and Macan in the Porsche ranks come next year. Nevertheless, it has held back some important details - not least how it looks without its half-hearted disguise - so confirmation that the covers will finally come off next week is significant enough for Porsche fans. And downright pivotal for the firm itself. 

We won’t rake over the coals of its strategy reversal when it comes to electric cars in general (suffice it to say that every man and his dog knows by now that Porsche’s intention to sell many, many EVs has now been walked back to the point where it will sell just some) but the Cayenne, for so long the sales volume powerhouse, will surely be treated as a bellwether for the brand’s immediate future. Were it to strike a chord with buyers, as any large SUV is intended to, Porsche can point to a resilience in what seems like faltering demand for upmarket battery power. If it doesn’t, it can at least console itself that the decision to cancel an even larger, chintzier electric crossover was the correct one. 

At any rate, the manufacturer (along with its new CEO) will be clutching its pearls behind the scenes, and fervently hoping that a 108kWh battery and a power output certain to put the current 739hp Cayenne Turbo E-Hybrid in the shade, is enough to fire the public’s imagination. To that end, the new model will get two unveilings: a digital one on November 19th, and then a public one at an Icons of Porsche festival in Dubai. Unsurprisingly, the firm is promising to ‘set new standards in the SUV segment’, much as it did back in 2002 when the original Cayenne launched to much fanfare. And derision. Followed by wild success. 

Porsche would cheerily accept the former if it were promptly succeeded by the latter, though it is already at pains in its short missive to remind buyers that the Electric derivative will complement the existing range of combustion-engined and plug-in hybrid variants. Not the original long-term solution, of course, but precisely the kind of fits-all-sizes sticking plaster that it has been forced to find in response to customer demand. In layout, size, look, power and proposition, the Cayenne Electric will be neatly differentiated from its more conventional siblings. If it is even half as popular, Porsche will consider itself onto something.


Author
Discussion

Wab1974uk

Original Poster:

1,195 posts

46 months

I'm guessing the depreciation will be as bad as the Taycan's, if not worse given it's starting price won't be cheap.

Mark H

55 posts

289 months

Sadly, despite probably being a good car, this will only prolong the Porsche financial crisis frown

LooneyTunes

8,515 posts

177 months

Wab1974uk said:
I'm guessing the depreciation will be as bad as the Taycan's, if not worse given it's starting price won't be cheap.
The mere fear of that will probably dissuade buyers / be factored in to PCP or lease charges (with the same effect)?

kambites

70,176 posts

240 months

LooneyTunes said:
Wab1974uk said:
I'm guessing the depreciation will be as bad as the Taycan's, if not worse given it's starting price won't be cheap.
The mere fear of that will probably dissuade buyers / be factored in to PCP or lease charges (with the same effect)?
I'm sure it'll still be cheaper to the user on a business lease than a petrol one would be, simply because of the tax situation.

LooneyTunes

8,515 posts

177 months

kambites said:
I'm sure it'll still be cheaper to the user on a business lease than a petrol one would be, simply because of the tax situation.
Possibly, but that assumes that the alternatives under consideration were the equivalent petrol models. I don’t think there was necessarily the case with Taycan.

Bought an early Taycan privately and 1) having taken a caning on residuals; and 2) it being rather unreliable, not in the market for one of these.

kambites

70,176 posts

240 months

LooneyTunes said:
Possibly, but that assumes that the alternatives under consideration were the equivalent petrol models. I don t think there was necessarily the case with Taycan.
True, but arguably that makes it a more generic argument of "who the hell spends six figures on a high-performance SUV?".

EV8

376 posts

22 months

Wab1974uk said:
I'm guessing the depreciation will be as bad as the Taycan's, if not worse given it's starting price won't be cheap.
Oh god, you people never get tired of that same mantra.
Every luxury limo in the past had horrific depreciation.
I bought my BMW 750 for 57k€, list price was.... Wait for it.... 180k€. 3 years, 80k km (not miles).

This will, hopefully depreciate a lot, so I can get my hands on one soon! Because sadly, Taycans(yes, those) are not depreciating nowhere near fast enough for me. Not nearly as much as my ex bimmer!

Ciid

278 posts

129 months

Yesterday (00:20)
quotequote all
EV8 said:
Because sadly, Taycans(yes, those) are not depreciating nowhere near fast enough for me. Not nearly as much as my ex bimmer!
That is in fact great for you because the Taycan is the worst eletric vehicle in the market when it comes to reliability (I owned a 2022 Turbo S).

Edited by Ciid on Tuesday 11th November 00:25

LM240

5,265 posts

237 months

Yesterday (07:36)
quotequote all
Are there figures anywhere for Macan EV sales and how they stack up against sales when it was petrol only Macan launched?

bergclimber34

2,016 posts

12 months

Yesterday (07:57)
quotequote all
Limbers up by pulling fundingg for WEC 963 programme, lol, bye

SDK

2,185 posts

272 months

Yesterday (07:59)
quotequote all
LM240 said:
Are there figures anywhere for Macan EV sales and how they stack up against sales when it was petrol only Macan launched?
Pistonheads said:
Electrification is the big story as far as sales specifics go. Global Macan sales were up 18 per cent to 64,783, making it the best seller again, with just over half of those (36,250) being the new Electric version.

In Europe, the majority of Porsches sold - 56 per cent - are electrified.
Details : https://www.pistonheads.com/news/ph-germancars/por...

Edited by SDK on Tuesday 11th November 08:02

DonkeyApple

64,911 posts

188 months

Yesterday (08:01)
quotequote all
kambites said:
LooneyTunes said:
Wab1974uk said:
I'm guessing the depreciation will be as bad as the Taycan's, if not worse given it's starting price won't be cheap.
The mere fear of that will probably dissuade buyers / be factored in to PCP or lease charges (with the same effect)?
I'm sure it'll still be cheaper to the user on a business lease than a petrol one would be, simply because of the tax situation.
Yup and then the monthly finance cost at yr4 will be remarkably similar to the yrs1-3 tax adjusted cost, like it is with all EVs and meaning that the there is fk all depreciation in real terms. Which is a huge shame.

alock

4,421 posts

230 months

Yesterday (08:13)
quotequote all
The macan EV is already 4784mm long, so is impossible to reverse park in a standard 4.8m space and still access the boot. Many owners will just leave the car overhanging the bounds of the space just like obese people overflowing seats in public.

What we clearly need is an even larger model.

SDK

2,185 posts

272 months

Yesterday (08:20)
quotequote all
alock said:
The macan EV is already 4784mm long, so is impossible to reverse park in a standard 4.8m space and still access the boot. Many owners will just leave the car overhanging the bounds of the space just like obese people overflowing seats in public.

What we clearly need is an even larger model.
"Impossible"?
I manage parking and reversing just fine with my 4.96 meter long BMW iX. Unless you reverse park against a tall brick wall - it's really no issue accessing the boot.

Larger Exec estates (e.g. BMW 5 , Audi A6, Merc E) have been 4.9 meters long for over 20 years already

Also, the parking space size recommendation for new developments is 2.5m wide by 5.0m long

Edited by SDK on Tuesday 11th November 08:44

soxboy

7,083 posts

238 months

Yesterday (08:35)
quotequote all
Wab1974uk said:
I'm guessing the depreciation will be as bad as the Taycan's, if not worse given it's starting price won't be cheap.
When the same thing was being parroted on the Macan GTS EV thread the other week I thought I’d look further.

The ‘base’ EVs are £68k, plus extras. There are 12 month old ones at dealers for £65k, so I thought I’d stick one into WBAC to get the lowest value for them - they offered £55k, but over the last 2 weeks this has increased to £59k.

DonkeyApple

64,911 posts

188 months

Yesterday (08:36)
quotequote all
SDK said:
"Impossible"?
I manage parking and reversing just fine with my 4.96 meter long BMW iX. Unless you reverse park against a tall brick wall - it's really no issue.

Larger Exec estates (e.g. BMW 5 , Audi A6, Merc E) have been 4.9 meters long for over 20 years already

Edited by SDK on Tuesday 11th November 08:23
It's because SUVs are tall. Makes them impossible to park the same as other cars which are as long and wide. They're also heavier and the extra weight also prevents parking.

Sulphur Man

272 posts

152 months

Yesterday (09:40)
quotequote all
SDK said:
LM240 said:
Are there figures anywhere for Macan EV sales and how they stack up against sales when it was petrol only Macan launched?
Pistonheads said:
Electrification is the big story as far as sales specifics go. Global Macan sales were up 18 per cent to 64,783, making it the best seller again, with just over half of those (36,250) being the new Electric version.

In Europe, the majority of Porsches sold - 56 per cent - are electrified.
Details : https://www.pistonheads.com/news/ph-germancars/por...

Edited by SDK on Tuesday 11th November 08:02
So therefore just under half Macan sales are petrol - petrol variants of a model first introduced in 2014, revised in 2018. I would not call that success.

EV has a great future at the affordable end of the car market. In the luxury end, much less so. Those buyers want to travel distance with as little inconvenience as possible. There's a reason the Range Rover EV got pulled. No one buys a Range Rover to end up looking for a decent charger after 280 real world miles and then waiting an hour before getting on the move again.

DonkeyApple

64,911 posts

188 months

Yesterday (10:12)
quotequote all
Sulphur Man said:
So therefore just under half Macan sales are petrol - petrol variants of a model first introduced in 2014, revised in 2018. I would not call that success.

EV has a great future at the affordable end of the car market. In the luxury end, much less so. Those buyers want to travel distance with as little inconvenience as possible. There's a reason the Range Rover EV got pulled. No one buys a Range Rover to end up looking for a decent charger after 280 real world miles and then waiting an hour before getting on the move again.
To a point yes but a large number of premium cars never actually do such distances.

The real reason that the sale of very expensive EVs and cars in general have weakened is because a very large cohort of buyers during the era of cheap finance now can't afford them and Porsche was a peak beneficiary of cheap credit and is now being hit hard in China, the U.S. and Europe as those people are having to rein in consumption.

alock

4,421 posts

230 months

Yesterday (10:49)
quotequote all
SDK said:
alock said:
The macan EV is already 4784mm long, so is impossible to reverse park in a standard 4.8m space and still access the boot. Many owners will just leave the car overhanging the bounds of the space just like obese people overflowing seats in public.

What we clearly need is an even larger model.
"Impossible"?
I manage parking and reversing just fine with my 4.96 meter long BMW iX. Unless you reverse park against a tall brick wall - it's really no issue accessing the boot.

Larger Exec estates (e.g. BMW 5 , Audi A6, Merc E) have been 4.9 meters long for over 20 years already

Also, the parking space size recommendation for new developments is 2.5m wide by 5.0m long

Edited by SDK on Tuesday 11th November 08:44
So you never park in older car parks? I expect you do, and you just expect everyone else to have to work around your car overhanging the space.

SDK

2,185 posts

272 months

Yesterday (11:18)
quotequote all
alock said:
SDK said:
alock said:
The macan EV is already 4784mm long, so is impossible to reverse park in a standard 4.8m space and still access the boot. Many owners will just leave the car overhanging the bounds of the space just like obese people overflowing seats in public.

What we clearly need is an even larger model.
"Impossible"?
I manage parking and reversing just fine with my 4.96 meter long BMW iX. Unless you reverse park against a tall brick wall - it's really no issue accessing the boot.

Larger Exec estates (e.g. BMW 5 , Audi A6, Merc E) have been 4.9 meters long for over 20 years already

Also, the parking space size recommendation for new developments is 2.5m wide by 5.0m long

Edited by SDK on Tuesday 11th November 08:44
So you never park in older car parks? I expect you do, and you just expect everyone else to have to work around your car overhanging the space.
The overhang is small, and it's the same as all the others cars parked up as well.

Longer cars are nothing new smile