Porsche Contemplates 718 EV U-Turn

The German automaker is considering quite the reversal in relation to their original electrification vision. Multiple outlets reported in mid-February 2026, that Porsche gaffers were gathering to explicitly discuss the future of the upcoming 718 Cayman and Boxster EV. This is weeks after the company announced that gas-powered versions featuring alongside the planned EV release, would likely become the chosen pivot in strategy.

Now, it looks like the electric variants could very well be scrapped altogether. After multiple delays, the Cayman and Boxster EV release is purported to be in limbo that’s being amicably referred to by insiders as “development hell”. Needless to say, rising expenses and production quagmires related to the next-gen 718 platform are being assessed, with newly-appointed Porsche CEO Michael Leiters eager to make an immediate impact—getting the automaker’s recent financial form back on a purple patch, will no doubt be the first course of business. Neither stage of this news is particularly surprising, as Porsche’s EVs have fallen out of favor since their slightly rocky but incredibly promising debut, more than 7 years ago.