According to Sawyer Merritt, Porsche is considering halting the development of its 718 Boxster and Cayman electric vehicle models due to escalating costs and delays. New CEO Michael Leiters reportedly aims to reduce expenses by possibly shelving these EV projects, which reflects the ongoing challenge of balancing innovation with profitability in the automotive sector. As reported by Sawyer Merritt, this move may impact Porsche’s electric vehicle strategy and influence business opportunities for AI-driven manufacturing and supply chain optimization solutions within the automotive industry.