Good morning and welcome back to The Morning Something, The Autopian’s daily roundup of the news that matters most in the world of cars. It’s Wednesday, which is the same thing as Friday, if you believe hard enough. On today’s docket: Some apparent details emerge on Porsche’s next EV, which is due to be very voluminous; President Joe Biden defends the Inflation Reduction Act at the State of Union address; Subaru has EV plans now, too; and Tesla has a new “Master Plan” coming soon.
Porsche’s K1 Project Is A Big Deal, Literally
At the risk of sounding like a fanboy, because I’m not, one thing that’s cool about Porsche is that it doesn’t really make bad cars. Seriously, what was the last bad Porsche? Maybe the 924, with the underpowered cargo van engine? Or the 968, which was kind of half-assed? But even those are very cool and have plenty of their own merits. The point is, when Porsche sets out to do something—like an SUV or an EV—the end result is usually going to be pretty great. Even if you’re anti-crossover, would you really say no to a weekend in a top-shelf Macan? I didn’t think so.
So when Porsche says it’s going to make a big, seven-seat electric SUV next, I have faith that the German automaker will make it a good one. That’s what’s next on the P-Car docket, reports the UK’s Autocar. It’s called Project K1, “a very sporting interpretation of an SUV.”
When it arrives, the advanced four-wheel-drive flagship will head a growing Porsche line-up, consisting of seven individual models. The K1 will offer the latest in synchronous electric motor, high-performance battery and rapid-charging technology – developments that, insiders at the company’s Zuffenhausen headquarters in Germany say, will extend its price well beyond the £150,500 of the existing internal-combustion-engined Porsche Cayenne Turbo GT.
Already three years in conception and planning, the new Porsche model aims to build on the success of the Porsche Cayenne and Porsche Macan, Porsche’s two best-selling models over the past two decades, as well as last year. The K1 is intended to support this trend with a combination of sportiness and utility that, it is hoped, will appeal to customers in its two largest markets: North America and China.
Biden Defends Inflation Reduction Act In SOTU Address
[…] In response to Biden’s remarks, Rep. Cathy McMorris Rodgers, R-Wash., blasted Biden’s “rush-to-green agenda.” She said Republicans will continue their oversight of how the Biden administration implements the Inflation Reduction Act, arguing that the law “embraces massive government subsidies and regulations to place unreliable, weather dependent renewables above all other energy sources.”
Subaru’s Big EV Push Starts In 2025
“Our main electrification strategy centers on strong hybrids and electric vehicles and introducing such models in the U.S. by 2025,” Tomoaki Emori, senior vice president of the corporate planning division, said at the company’s Wednesday quarterly earnings announcement.
Anyway, Subaru makes a ton of U.S.-market vehicles at its Indiana plant, but no word yet on whether that factory will see a big battery investment to take advantage of IRA rules.
Tesla’s New ‘Master Plan’
Master Plan 3, the path to a fully sustainable energy future for Earth will be presented on March 1.
The future is bright! pic.twitter.com/11ug0LRlbD
— Elon Musk (@elonmusk) February 8, 2023
It’s that time again! Time for Tesla to make some big pronouncements to gin up its stock price and cash from reservations on cars (and robots?) that may never happen. Okay, that’s a little harsh, but it’s not wrong.
We will, however, get some big Tesla news on March 1, its Investor Day presentation in Austin, Texas. In the past, such Master Plans have outlined the path from the Roadster to the lineup Tesla has today; and then where Tesla stands on buses, trucks, autonomous tech and duds like the Boring Company. So what’s in Part Three? Here’s some analysis from The Verge, emphasis mine:
Tesla has already said that it would reveal concrete details about its next-generation vehicle platform during its Investor Day event. The company is working on a refreshed version of the Tesla Model 3 as well as a robotaxi designed to be a shared vehicle.
Robotaxis and the next-gen platform will for sure get more fleshed out during Musk’s presentation. Given his focus on scaling Tesla’s operations to extreme size, we should expect some mention of the long-promised $25,000 EV. And some mention of the company’s controversial Full Self-Driving system and how it will plan into Musk’s stilted vision of an autonomous future is all but guaranteed.
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