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Porsche delays new Taycan variant to “optimize the cycle plan”
German automaker Porsche is delaying the release of its new variant for the Taycan EV because the demand for its initial model of the car is still healthy.
The Taycan Cross Turismo variant was supposed to debut in late 2020, but Porsche has decided to delay the vehicle until early 2021, according to the company’s CEO Oliver Blume. The company was transparent that this was not a cancellation of any future vehicle plans, but it was merely a revision in the timeline for which the Cross Turismo will be available for consumers.
Blume sees the delay as a positive and not a negative and refers to the strategy as optimization of Porsche’s “cycle plan.”
“The change is no disadvantage for us; we just optimized the cycle plan,” Blume said, according to Bloomberg. The company is confident about its future, mostly in part to the recovering demand Porsche has had in China. Positive sales figures in China have helped Porsche generate more earnings than any other European car company through the first half of 2020.
Porsche, which is owned by the larger Volkswagen Auto Group, is one of only three companies to remain profitable through the first half of 2020, while other carmakers suffered from decreased demand and slowing production rates due to the COVID-19 pandemic.
The other two companies to remain profitable in the first half of the year were Tesla and Toyota.
Porsche has had to navigate its way through the pandemic with strategy and calculated assessments of where to cut spending. The company eliminated “unnecessary expenses” to help conserve cashflow through the industry’s deceleration. Porsche expanded its online retail and reduced operational costs to aid dealership operations, according to the San Diego Union-Tribune.
“The company changed a lot during the coronavirus,” Blume said when talking about the adjustments Porsche made to maintain profitability. “It was important to focus on the essentials.”
The online platform proved to be a significant factor in Tesla’s ability to keep demand healthy during the virus as well. CEO Elon Musk credited the company’s online-based sales approach for maintaining substantial sales numbers.
We make the buying experience very easy. You can buy a Tesla in just two minutes by going to our website. Go onto our website. You can literally order a Tesla in two minutes, maybe one minute if you’re really fast,” Musk said in an interview with Automotive News. “I guess people are less inclined to want to go to a dealership, do the test drive, and hang out in the lobby and that kind of thing.”
As for Porsche’s future, the company expects that half of its global deliveries to be wholly or partly electric in 2025. Pure BEVs should make up for 40% of the sales, while hybrids will account for 10%, Blume said.
But the CEO made it clear, “the future belongs to electric mobility,” he said on Wednesday.
News
Tesla rival Xpeng shows off new flying car concept for 2027 release

Tesla rival Xpeng’s flying car unit has been rebranded as Aridge, and it recently showed off its new flying car concept that has 500 kilometers (310 miles) of range and can travel at speeds of up to 360 kilometers per hour (224 MPH).
In Dubai earlier this week, Abridge showed off its new High-Speed Long-Range Full Tilt-Rotor Flying Car, which it aims to release in the Middle East as soon as 2027.
CEO and Vice President Du Chao said at the event on Monday that Aridge will pioneer new categories of flying cars under the brand, which was formerly called Aeroht. Aridge will focus on delivering cutting-edge, low-altitude products, aiming to make these types of aircraft more popular in the coming years.
At the event in Dubai, Aridge showcased its Land Aircraft Carrier, which completed the first overseas public demonstration of a manned flight for the modular flying car, CNEV Post reported.

Credit: Aridge
So far, it has already accumulated 7,000 cumulative orders for the vehicle. 600 of them are going to the United Arab Emirates’ Ali & Sons Group, Qatar’s Almana Group, Kuwait’s AlSayer, and the Chinese General Chamber of Commerce UAE.
It was not the only thing Aridge showcased at the event, either. It also has a long-range hybrid flying car called the A868. This is the concept with the 500-kilometer (310-mile) range rating and the 360 kilometers per hour (224 MPH) top speed.

Credit: Aridge
The A868 will target long-distance travel needs for consumers and will work alongside the Land Aircraft Carrier to build diversified low-altitude application scenarios that would be beneficial from a civilian and commercial standpoint.
The vehicles will be built at a new facility that was completed at the end of September, which is located in Guangzhou. It will be able to build 10,000 units with full-scale production and delivery scheduled to take off in 2026.
News
Tesla ramps production of its ‘new’ models at Giga Texas
The vehicles are being built at Tesla Gigafactory Texas in Austin, and there are plenty of units being built at the factory, based on a recent flyover by drone operator and plant observer Joe Tegtmeyer.

Tesla is ramping up production of its ‘new’ Model Y Standard at Gigafactory Texas just over a week after it first announced the vehicle on October 7.
Earlier this month, Tesla launched the Tesla Model 3 and Model Y “Standard,” their release of what it calls its affordable models. They are priced under $40,000, and although there was some noise surrounding the skepticism that they’re actually “affordable,” it appears things have been moving in the right direction.
The vehicles are being built at Tesla Gigafactory Texas in Austin, and there are plenty of units being built at the factory, based on a recent flyover by drone operator and plant observer Joe Tegtmeyer:
News: the @Tesla Model Y Standard production is well underway at Giga Texas today!
This consistent with what I was told to expect during the unveiling day last week!
The outbound lot had many Premium Model Y’s and @cybertruck too!
More coming soon! pic.twitter.com/WU489QKPLB
— Joe Tegtmeyer 🚀 🤠🛸😎 (@JoeTegtmeyer) October 16, 2025
The new Standard Tesla models are technically the company’s response to losing the $7,500 EV tax credit, which significantly impacts any company manufacturing electric vehicles.
However, it seems the loss of the credit is impacting others much more than it is Tesla.
As General Motors and Ford are scaling back their EV efforts because it is beginning to hurt their checkbooks, Tesla is moving forward with its roadmap to catalyze annual growth from a delivery perspective. While GM, Ford, and Stellantis are all known for their vehicles, Tesla is known for its prowess as a car company, an AI company, and a Robotics entity.
Elon Musk was right all along about Tesla’s rivals and EV subsidies
Tesla should have other vehicles coming in the next few years, especially as the Cybercab is evidently moving along with its preliminary processes, like crash testing and overall operational assessment.
It has been spotted at the Fremont Factory several times over the past couple of weeks, hinting that the vehicle could begin production sometime next year.
News
Tesla set to be impacted greatly in one of its strongest markets

Tesla could be greatly impacted in one of its strongest markets as the government is ready to eliminate a main subsidy for electric vehicles over the next two years.
In Norway, EV concentrations are among the strongest in the world, with over 98 percent of all new cars sold in September being electric powertrains. This has been a long-standing trend in the Nordic region, as countries like Iceland and Sweden are also highly inclined to buy EVs.
However, the Norwegian government is ready to abandon a subsidy program it has in place, as it has effectively achieved what it set out to do: turn consumers to sustainability.
This week, Norway’s Finance Minister, Jens Stoltenberg, said it is time to consider phasing out the benefits that are given to those consumers who choose to buy an EV.
Stoltenberg said this week (via Reuters):
“We have had a goal that all new passenger cars should be electric by 2025, and … we can say that the goal has been achieved. Therefore, the time is ripe to phase out the benefits.”
EV subsidies in Norway include reduced value-added tax (VAT) on cheaper models, lower road and toll fees, and even free parking in some areas.
The government also launched programs that would reduce taxes for companies and fleets. Individuals are also exempt from the annual circulation tax and fuel-related taxes.
In 2026, changes will already be made. Norway will lower its EV tax exemption to any vehicle priced at over 300,000 crowns ($29,789.40), down from the current 500,000, which equates to about $49,500.
This would eliminate each of the Tesla Model Y’s trim levels from tax exemption status. In 2027, the VAT exemptions will be completely removed. Not a single EV on the market will be able to help owners escape from tax-exempt status.
There is some pushback on the potential loss of subsidies and benefits, and some groups believe that the loss of the programs will regress the progress EVs have made.
Christina Bu, head of the Norwegian EV Association, said:
“I worry that sudden and major changes will make more people choose fossil-fuel cars again, and I think everyone agrees that we don’t want to go back there.”
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