14.05.2024 18:00:04 - EQS-News: Porsche celebrates the start of electromobility at its Leipzig factory

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EQS-News: Dr. Ing. h.c. F. Porsche AG / Key word(s): Miscellaneous
Porsche celebrates the start of electromobility at its Leipzig factory
2024-05-14 / 18:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Porsche celebrates the start of electromobility at its Leipzig factory
. With its production of the electric Macan, the Porsche factory in Leipzig is now also a centre of
excellence for electromobility.
. Flexible production: three powertrain types on one assembly line.
Leipzig. Today, Tuesday 14 May, Porsche celebrated the official start of electromobility at its production site in
Saxony. In recent years, the sports car manufacturer has invested around 600 million euros in expanding the factory in
order to produce the electric Macan here. Additions to the factory have included a new body assembly line. Production
of the new Macan is currently being ramped up. The plant has been designed for maximum flexibility in the future, with
petrol, hybrid and all-electric cars being made on a single production line.
Many prominent guests attended today's celebrations. Representatives of Porsche AG included Chairman of the Supervisory
Board Dr Wolfgang Porsche and Chairman of the Executive Board Oliver Blume. And from the political sphere, Dr Volker
Wissing, Federal Minister for Transport and Digital Infrastructure, Michael Kretschmer, State Premier of the Free State
of Saxony, Winfried Kretschmann, State Premier of Baden-Württemberg, and Burkhard Jung, Mayor of Leipzig. The members
of the Porsche Sustainability Council were also in attendance.
Electromobility lays important groundwork for the mobility of the future
Following on from the Taycan, the new Macan is the second all-electric Porsche model on the market. In 2030, the sports
car manufacturer plans to deliver more than 80 per cent of its new vehicles with an all-electric drive - depending on
customer demand and the development of electromobility in individual regions of the world. "At Porsche we're convinced
that electromobility is the future. It is the joint task of business, politics and society to drive forward the
transformation of mobility together," said Chairman of the
Executive Board Oliver Blume at the event. "However, this transformation is not happening everywhere at the same speed.
Which is why we remain flexible - with an attractive product portfolio. And with three different powertrain types,
namely emotional combustion engines, efficient plug-in hybrids and all-electric models. The Porsche factory in Leipzig
is a pioneer and a flagship as regards flexibility and sustainability. For Porsche itself, but also for the automotive
industry as a whole."
Federal Minister Dr Volker Wissing emphasised: "I'm very happy about this new production site for electromobility in
Germany. It's now the joint task of politics and business to make electromobility even more attractive to people. To
achieve this, we need a committed automotive industry working alongside us. For example, in making a joint contribution
to expanding the charging infrastructure in a way that looks to the future. Because charging needs to be as simple as
filling the tank. This is the only way to increase people's willingness to change to climate-friendly electric cars.
With the so-called German network we're going full steam ahead with the expansion of the fast-charging infrastructure
throughout the country - with an additional 9,000 fast-charging points ensuring basic supply in the country's regions
and on its motorways."
Car production has a long tradition in Saxony. The foundation stone of the industry was laid with the opening of the
Horch factory in Zwickau in 1904. "Saxony is a cradle of German car making. The anniversary celebrating '120 years of
car making in Saxony' is a symbol of the industry's ability to transform itself and be open to new technology in the
state, and of the success of the businesses situated here," said State Premier Michael Kretschmer. "Almost one in ten
passenger cars built in Germany comes from 'car country Saxony'. The state is one of the leading production sites for
all-electric cars in Germany and throughout Europe, and has firmly established its position as an attractive,
successful business centre. As a driver of innovation, electromobility will take Saxony to even greater heights as a
business location."
Porsche production: smart, lean, green
Sustainability is a key component of the Porsche Strategy 2030. The sports car manufacturer is committed to the targets
of the Paris Climate Agreement, and aims to be a pioneer of sustainable mobility. State Premier of Baden-Württemberg
Winfried Kretschmann: "We've now got both feet firmly planted in a new era of mobility. For passenger cars, everything
is geared towards electromobility. And Porsche is showing us that this doesn't just make sense - it's also fun!" He is
also convinced that Germany, as a business location, is well equipped for this structural transformation. In this
context, he emphasises the importance of innovation and creativity: "In Germany we have the know-how and inventiveness
to be the leader in the field of electromobility. The best of the best in our country are showing us the way. This is
why I'm convinced that we're going to master the change to more sustainable mobility."
In Leipzig, the Macan is produced with a carbon-neutral balance sheet. "In production at Porsche, we have implemented
the 'smart, lean and green' approach at all our factories. This means that we have the vision of an intelligently
connected factory with the lowest possible environmental impact," says Porsche Executive Board Member for Production
Albrecht Reimold. "We at Porsche are also working towards a carbon-neutral balance sheet across the entire value chain
for newly built cars by 2030." The Leipzig factory has received numerous awards for its sustainable approach, including
the 'Lean and Green Management Award' in 2021. The 'Factory of the Year' award in 2023 also recognised the rigorous
sustainability standards of the Porsche location in Saxony.
Economic driver with a wide-ranging commitment to society
More than 4,600 employees build the Macan and Panamera models at the Porsche factory in Saxony. The sports car
manufacturer also has many commitments to Leipzig in the fields of education, culture, social issues, sport and the
environment. Mayor Burkhard Jung paid tribute to the sports car manufacturer's commitment to the region: "We are very
happy and proud to have Porsche in Leipzig. Porsche is not just an important economic driver here, but also a committed
partner to the city - as a supporter of culture, sport and social projects, in particular for the benefit of young
people. For example, without Porsche, the 'Klassik airleben' concerts of the Gewandhaus Orchestra in Rosental would
hardly have been possible.
Important success factor: focussing on people
Within the framework of the expansion of the plant for the Macan, the Leipzig factory was quick to qualify and
emotionally prepare its employees for electromobility, and for the new tasks that come with it. At the event, Plant
Manager Gerd Rupp emphasised: "Processes are becoming more robust and more efficient due to technologies such as
augmented reality. But our employees are and always will be a key factor in the planning of the transformation. The
life and soul of a factory are the people who actively shape technologies."
2024-05-14 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language:     English 
Company:      Dr. Ing. h.c. F. Porsche AG 

Porscheplatz 1
70435 Stuttgart
Germany
Phone:        +497119110 
E-mail:       info@porsche.de 
Internet:     https://www.porsche.com/international/ 
ISIN:         DE000PAG9113 
WKN:          PAG911 
Listed:       Regulated Market in Frankfurt (Prime Standard) 
EQS News ID:  1901859 


End of News EQS News Service
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1901859 2024-05-14 CET/CEST

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END) Dow Jones Newswires

May 14, 2024 12:00 ET (16:00 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DR.ING.H.C.F.PORSCHE VZO PAG911 Frankfurt 75,580 28.05.24 19:29:18 -0,260 -0,34% 0,000 0,000 76,200 75,580

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