MUNICH: Luxury sports car maker Porsche AG is attracting huge demand for its Taycan model, causing wait times for the all-electric coupe to stretch to six months, CEO Oliver Blume said.

       “Our original production capacity for the Taycan was 20,000 units this year – we’ve sold that many in the first half of the year,” Blume told a panel discussion at the IAA Mobility show in Munich.

       “Incoming orders are huge – they are good in China too,” said Blume, adding that the Volkswagen group unit was, like other carmakers, battling chip shortages and had more incoming orders than it could meet.

       Normal waiting times for a new vehicle were four months but they have now stretched to half a year, he said.

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       It had been earlier reported that Porsche has set itself an ambitious goal: in 2030, the company is to be balance sheet CO2 neutral across the entire value chain.

       Its production within the German factories, located in Zuffenhausen and Leipzig, is already CO2-neutral – through the use of renewable energy and biogas.

       Over the next 10 years, Porsche will invest billions globally in wind turbines, solar energy and other climate protection measures.

       It has said that in the next step, it will also demand this from its suppliers; that anyone who developed battery cells for it must manufacture them exclusively with sustainable energy. ― Reuters