Volkswagen Group's plans to scale back its electric vehicle (EV) offerings have sparked concern among environmentalists and industry analysts. However, the move could have a silver lining for the German automaker: avoiding costly emissions fines. As Porsche refocuses on its core business of building high-performance combustion-engine cars, the sports-car maker's electric vehicle sales have taken a hit. By shifting its attention back to its traditional strengths, Porsche may be able to mitigate the financial impact of its struggling EV division and help Volkswagen Group as a whole navigate the complex and increasingly stringent emissions regulations.
The move could help VW Group avoid emissions fines, as Porsche refocuses on combustion-engine cars and the sports-car maker's electric vehicle sales slump.
