Porsche may cancel 718 Boxster, Cayman EVs before they arrive

Porsche says "ballooning" development costs and softening EV demand might spell an early end for the oft-delayed 718 EVs
Porsche says "ballooning" development costs and softening EV demand might spell an early end for the oft-delayed 718 EVs

by | February 4, 2026

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Until now, the electric 718 Boxster and Cayman duo weren’t a matter of if, but rather when. But now, Porsche is reportedly thinking about axing them before they even arrive.

According to Bloomberghat tip to Car and Driver — Porsche is reconsidering following through with the fully electric 718 Boxster and Cayman replacements, citing “ballooning” development costs and mounting delays. Porsche first announced the electric 718 duo in 2022 with a 2025 on-sale date, and ended production of the current-gen models last year.

Speaking with Bloomberg on the condition of anonymity, Porsche execs involved in the development process say the decision to preemptively axe the 718 EVs boils down to balancing the books. Softening EV demand, not to mention the costs of reworking the electric 718 duo — the latest word is that Porsche is reworking the platform to accommodate an internal combustion engine — are the biggest factors.

Porsche has yet to make an official decision. Previously, the electric 718 duo were delayed until 2027.

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About Nick Tragianis

Managing Editor Nick has more than a decade of experience shooting and writing about cars, and as a journalism grad, he's a staunch believer of the Oxford Comma despite what the Canadian Press says. He’s a passionate photographer and loves exploring the open road in anything he gets his hands on.
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