Sustainability Magazine May 2026 | Page 99

PORSCHE

PORSCHE

HEADQUARTERS: STUTTGART, GERMANY
NO. OF EMPLOYEES: 42,000

1948

Porsche is founded by Ferdinand Porsche and his son Ferdinand( Ferry), with its first model the 356
MARKET CAP: US $ 19.4BN
NO. OF COUNTRIES: 120
Porsche’ s approach is to lead with technical excellence, ensuring that the transition to electric powertrains does not compromise the performance DNA of the brand. The new all-electric SUV, which premiered in late 2025, is the most powerful production model in Porsche’ s history. However, Michael is keen to stress that quality and technical excellence remain the primary drivers.
He says:“ We stand for uncompromisingly good sports cars that you want to drive yourself, that are fun, that convey performance and passion. And all this regardless of the type of powertrain.”

1964

Production begins of the Porsche 911 and the company establishes its own US distribution network

1972

Porsche opens its Research and Development Centre in Weissach, Germany, managed by Ferry Porsche

1996

The one-millionth Porsche, a 911 Turbo, is built

2010

Its first hybrid production vehicle, the Cayenne S Hybrid, is launched

2019

Porsche debuts its first fully electric vehicle, the Taycan sustainabilitymag. com 99