Porsche is working on a brand-new high-end electric SUV, the luxury automaker announced during its annual press conference on Monday. The yet-to-be-named EV will be fourth in the company’s updated electric vehicle lineup that includes an electric Macan for 2024, followed by an electric version of the two-seater 718 and a newly announced all-electric version of the Cayenne.
The electric SUV will be positioned as a performance model above the Cayenne and will be based on a new…