Porsche CEO Blume explains issues at the annual shareholders meeting

Porsche CEO Oliver Blume explained the problems facing the company at the annual shareholders' meeting. He mentioned that Porsche might not be able to achieve its goal of more than 80% electric vehicles by 2030 because the market demand for electric vehicles was not as expected, so it adjusted its strategy, extended the production plan of internal combustion models, and canceled the plan to produce its own batteries.