Porsche Considers Offering a Gas-Electric Hybrid Vehicle

December 14, 2004 by Jeff Shepard

Porsche AG (Germany) reported that it is studying whether to offer a hybrid gas-electric model, possibly a version of its Cayenne sport utility vehicle. Porsche continues to study whether to offer a fourth model beyond its Boxster roadster, 911 Series sports cars and Cayenne SUV.

President of Porsche North America Peter Schwarzenbauer stated that a team has been studying whether the auto maker should develop a hybrid model since earlier this year. "It looks like this is probably a trend for the future," he said. "We are seriously looking at this technology for the North American market."