Porsche is finally unveiling the all-electric Macan EV this month – Here’s what to expect
Porsche is finally unveiling its Macan EV, the electric SUV we’ve been waiting for. The all-electric Macan will show its face for the first time this month. Here’s what you can expect.
After sales of its first EV, the Porsche Taycan, rebounded in the last three months of 2023, the automaker is preparing to enter a new segment.
Porsche handed over 40,600 EVs last year, but that number is expected to climb in 2024. Although the Taycan saw the second-highest growth of Porsche’s lineup last year behind the 911, the gas-powered Macan still outsold it by far.
Over 87,300 Porsche Macans were delivered in 2023, more than double the number of Taycan models.
The Macan was Porsche’s top-selling SUV globally last year until the Cayenne topped it in Q4. After a delay of over two years, we will see what the all-electric version will entail next week.
Porsche posted a new teaser image on its website, confirming it will be unveiling the Macan EV on January 25, 2024.
Porsche is unveiling the Macan EV this month
After releasing new details about the electric SUV last month, Porsche is finally giving us a date.
Porsche promises the Macan EV will be the sportiest in its segment, with over 600 hp, track skills, and unparalleled off-road capabilities.
The company has been teasing prototype models ripping through snow, mud, ice, and test tracks, but we will finally see the production version next week.
Porsche aims to find the right balance between driving dynamics and efficiency with the new Macan EV. With a drag coefficient of just 0.25, the Macan EV is one of the most aerodynamic SUVs. That’s a major improvement over the gas-powered version (0.35).
The Macan’s 100 kWh lithium-ion battery and design improvements enable over 310 miles (500 km) WLTP range across all trims.
As the first Porsche car built on the new PPE platform, the electric SUV offers an entirely new experience.
Porsche’s new 800V PPE platform enables fast charging of up to 270kW. That means you can charge up from 10% to 80% in under 22 minutes. Porsche uses a high-voltage switch to split the battery into two, each with 400V.
The Macan EV uses Porsche’s latest PSM motors on the front and rear axles. Combined, they crank out over 600 horsepower (450 kW) power. Meanwhile, Porsche traction management controls over 738 lb-ft (1,000 Nm) of torque (with launch control).
To tackle any terrain, Porsche included an Active Suspension Management system with two-valve damper tech, air suspension, and rear-axle transverse lock. For the first time, Porsche is also including rear-axle steering with a steering angle of up to five degrees.
The interior will include plenty of physical buttons, three screens, and an AR head-up display. With Porsche finally unveiling the Macan EV next week, orders are expected to begin soon. Check back on the 25th to see the all-electric Porsche Macan for the first time.
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The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Rico’s fossil fuel plants with solar and battery storage through 2032.
The DOE’s Loan Programs Office announced two conditional commitments and one loan closing to power producers in Puerto Rico. Each supports a project contracted with the Puerto Rico Electric Power Authority. The announcements include:
- The closing of a $584.5 million loan guarantee to subsidiaries of Convergent Energy to finance a 100 MW solar farm with a 55 MW (55 MWh) battery energy storage system (BESS) in the municipality of Coamo and BESS installations in the municipalities of Caguas (25MW/100MWh), Peñuelas (100MW/400MWh), and Ponce (up to 100MW/400MWh)
- A conditional commitment for a loan guarantee of up to $133.6 million to a subsidiary of Infinigen for a 32.1 MW solar farm with an integrated 14.45 MW (4.76 MWh) BESS, and a co-located standalone 50 MW (200 MWh) BESS expansion in the municipality of Yabucoa
- A conditional commitment for a loan guarantee of up to $489.4 million to a subsidiary of Pattern Energy for three stand-alone BESS in the municipalities of Arecibo (50 MW/200 MWh), and Santa Isabel (50 MW /200 MWh and 80 MW/320 MW), and a 70 MW solar farm with an integrated BESS in the municipality of Arecibo.
If all are finalized, these projects would more than double LPO’s support for utility-scale solar generation and battery energy storage in Puerto Rico.
LPO provides low-cost financing and a rigorous due diligence process, making it a valuable resource for Puerto Rico as it works to rebuild an affordable, reliable, and clean energy system. As a result of reliance on imported fuel, the persistent threat of tropical storms, and underinvested infrastructure, Puerto Ricans today face average energy costs that are twice the US average – all while consuming only one-quarter of the energy of the US per capita.
LPO’s initial loan to a power producer in Puerto Rico, Project Marahu, closed in October 2024, and when complete will add more than 200 MW of solar and up to 285 MW of stand-alone energy storage to Puerto Rico’s grid.
Through its September 2023 partial loan guarantee to Project Hestia, LPO also supports virtual power plant (VPP)-ready rooftop solar and battery storage installations in Puerto Rico. As a nationwide project, Hestia’s sponsor is committed to at least 20% of installations under Project Hestia going to homeowners in Puerto Rico.
As part of its procurement plan, Puerto Rico Electric Power Authority seeks to install 1,500 MW of battery storage and requires a minimum capacity of storage to be co-located with each utility-scale solar project. Energy storage systems currently online in Puerto Rico are being dispatched every day.
When including Marahu, LPO’s closed and conditionally committed financing supports over 100% of the capacity Puerto Rico Electric Power Authority aimed to procure under its initial request for energy storage project proposals, the first of six.
Read more: Cleantech investments to top fossil fuels for the first time in 2025
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Chevy just introduced new deals on the Equinox and Blazer EV models to make them even more affordable. With 0% interest and a new trade-in bonus, Chevy is offering over $5,000 in savings.
Chevy adds new Equinox and Blazer EV deals in January
Although the Chevy Equinox EV is already “the most affordable” EV in its class with over 315 miles range, it’s getting even cheaper.
Earlier this week, Chevy launched new deals on the 2024 Equinox and Blazer EV models. According to a note sent to dealers, viewed by CarsDirect, the electric SUVs are now available with 0% APR financing for 60 months. You can also choose from 0.9% AP for 72 months and 2.9% APR for 84 months.
This marks the best financing offer on Chevy’s newest EVs to date. The previous best rates were 0.9% APR for 60 months, 3.9% for 72 months, and 5.9% for the longer 84-month option.
On a 7-year $45,000 loan, online auto research firm CarsDirect estimates the new deals amount to around a $5,200 price cut. The lower APR rates are already offered on the Chevrolet Silverado EV pickup.
In addition, Chevy is offering a trade-in bonus of up to $3,000 on the Silverado EV and $1,000 on the electric Equinox and Blazer models. If you choose to lease, the bonus is cut in half: $1,500 for the Silverado and $500 for the electric SUVs.
Chevy’s new EV deals started on January 14 and run through March 3, 2025. The deals come as rivals like Hyundai and Ford recently launched new EV promotions.
On Thursday, Hyundai launched a new promo on the upgraded 2025 IONIQ 5, which includes monthly leases as low as $199 and a free ChargePoint home EV charger (or $400 charging credit). Meanwhile, Ford extended its “Power Promise” program earlier this month, which also includes a free home charger, among several other benefits.
The 2024 Chevy Equinox EV started at $41,900 with up to 315 miles range. Prices for the electric Chevy Blazer start at $43,690 with up to 279 miles range.
If you are ready to try out Chevy’s new electric SUVs for yourself, we’ve got you covered. You can use our links below to view offers on the Chevy Equinox, Silverado, and Blazer EV models near you.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss non-Tesla EVs getting Supercharger access, Cybertruck sales in the spotlight, Rivian getting some money from Biden, and more.
The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
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Here are a few of the articles that we will discuss during the podcast:
Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):
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