Porsche Bails on Diesel Market After Dieselgate Beating

Porsche has decided to drop diesel engines from their future models and I have a pretty good idea why.

Porsche CEO Oliver Blume told German media that diesel technology has a place in transportation, but the automaker has went through too much even though Porsche didn’t begin using diesel engines until about 10 years ago.

Instead, Porsche plans to invest billions of dollars into electric and make half their fleet at least partial-ev by 2025.