Porsche's overall performance in China has been under pressure for three consecutive years

Porsche's overall performance in China has been under pressure for three consecutive years. In 2021, its annual sales in China reached 95,700 vehicles, accounting for 30% of the global market share, but it dropped sharply to 57,000 vehicles in 2024, and the delivery volume in the first quarter of 2025 dropped sharply by 42%. As the sales of electric vehicles in China have not met expectations, Porsche may suspend the sale of pure electric models in the Chinese market in the next two to three years.